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)

 

Timothy P. McDonald

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