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2008-04-30

Fed will cut rates by .25%

Fed will keep their options open for a possibility of further cuts. He expects some fiscal stimulus for the US economy during the second half of the year

Fed wants a stronger US dollar they will signal an interest rate pause. If they want a weaker US dollar they will be hawkish or may not signal an end to the interest rate cuts. A weaker US dollar has boosted the US manufacturing sector in 2008. Job losses in the US are mainly in the financial services sector while the manufacturing sector adds to jobs

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Disclaimer

Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.