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B4 the Bell, Toozleday Aug 10, 2004


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Guest yobob1

I was wrong. There I feel better. I just can't wingohockingmoyamensinging believe he actually did it , but then since the fed follows and doesn't lead, he had no choice.

 

Whatever small hope the economy had of pulling out it's nascent dive just went up in smoke. The Kerry and carry trade will love it. Yes sir the smell of a dying economy is strong and getting stronger.

 

Way back in the recesses of my mind, the still nagging little thought is Al actually trying to implode the whole financial system?

 

These two little .25 moves have increased my borrowing costs 12%. "XYZ RV company? Please cancel 1/2 my orders."

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These two little .25 moves have increased my borrowing costs 12%. "XYZ RV company? Please cancel 1/2 my orders."

The Fed funds futures provided an accurate prediction in today's case.

 

For Sep. meeting, they are about 50/50. But they project certainty of a 25-point hike by November, with possibility of a bit more.

 

http://tfc-charts.com/marketquotes/FF.html

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