Fed Cuts, Stocks, the US Dollar, Gold, & Commodity Prices

<a href="http://calculatedrisk.blogspot.com/2007/09/eurozone-slows.html">Eurozone Slows</a>




Calculated Risk thinks the dollar will not drop much and other central banks will follow our rate cuts.
 
It is nice to know I am not alone...








<a href="http://www.commodityonline.com/news/topstory/newsdetails.php?id=2791">'Why I am shocked by Fed decision to cut rates'</a>
 
<p>Sorry to revive an old topic but I am glad that mainstream media eventually caught up. </p>

<p><a href="http://articles.moneycentral.msn.com/Investing/Dispatch/WhatTheFallingDollarMeansForYou.aspx?GT1=10522">articles.moneycentral.msn.com/Investing/Dispatch/WhatTheFallingDollarMeansForYou.aspx</a></p>

<p>My favorite line comes at the end:</p>

<p>"This rosy scenario is good at least until the dollar drops so low that U.S. interest rates start to rise. When that happens, things could get nasty -- which is another story."</p>
 
<p>Commuter, </p>

<p> Do you remember the Carter/Early Regan Era when interest rates were high, REALLY high. It was pretty much a depression, they started trying to heat up the economy and it worked for a while and as usual, when the party ended it wasn't very much fun.</p>

<p>-bix</p>
 
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