Click on the post for the action of world markets today.
The Futures market is open till 11AM ET and reflects a decline of about 3% overall. Will the Federal Reserve wait till their regular meeting to lower interest rates and risk a panic. The economists are predicting a .50 rate cut at that meeting. Can the Federal Reserve afford to save face and wait? Will they be forced to act tomorrow morning....before the markets open.?
Stay tuned. The future is unknown. You make the call.
Monday, January 21, 2008
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