market: Waiting For the Bottom of the Market
- 02/02/08 09:03 AM
So here we are 2008 and the first month is in the books. Economists say we are in a recession. Other economists say we are not in a recession. A couple of weeks ago we had the most mortgage applications since 2004. The stock market has a hundred plus point gain one day followed by a hundred point decline the next. The FED lowers the Federal Funds Rate a record 1.25 percent in less than a month. What does all this mean? It means no one knows what is going to happen with the economy. Even the "experts" cant decide from one (3 comments)