Tuesday, January 22, 2008

Bumpy Ride

The markets around the world slid down down yesterday. All eyes are on Wall Street. Just now the Fed fix is in. Interest rates lowered 3/4% to 3.5%.

Is this just a bandaid? Is it enough to hold the bleeding?

With a market trading on fear, will this be enough to remove all fears? I doubt it. I think we're in for a bumpy ride this whole week.

Stay tuned.

'til later

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