A: Stocks are just off record highs, fed funds target rate is at non-restrictive 4.75%, the US dollar is at record lowers and sinking further, oil is bubbling at record highs, and commodities are at very high levels; hardly an environment that needs rate cuts. But this credit situation is much worse than many people think and the I think the fed is cutting rates now so that when they ’kick in’ in the future it will be just when we need them to! It’s a very confusing time right now, leaving me to focus on the biggest threat to everything: the credit markets. Th[...]
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[Source: The Money Blogs]
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