Tuesday, October 21, 2008
Revisted.....
the path of the U.S similar to japan. There will be talk re surfacing i reckon of massive rate adjustments downwards for the U.S. Market may factor in fed funds expectations which stands now at 1.5% , to much below 1% over the next 10 months.
With current scenarios , its not unforseeable of another 50 bps adjustments very soon.
This speculation should spread to the GBP and EUR also.
This is not new or a Aha !!! moment. \Many traders must be expecting it somewhat already.
Man! I must be running on pentium 3 today.
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