#1: Wow!! the Fed has shaved another half percent interest rate, (1442 reads) 作者: ceo/cfo, 时间: 2008-1-31 周四, 03:34 作者:ceo/cfo 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
a bold and aggressive move, in my humble opinion. Will it save the current economy? maybe and maybe not. What I am afraid of is if we try, at whatever cost, to avoid a healthy, minor recession, we will experience a ugly and a prolong recession in the near future. Once in a while it is alright to have a minor recession; it is called economic correction and readjustment, like a human being having a little flu here and there. What we need to stop is a cancer type recession. I think the fed was overkilling out of panic.
He has watched the stock markets way toooo close, instead of glueing his eye balls on the larger and the global economic pictures.
蜀中无大将,廖化当先锋。
We will see, and I am out of the market by selling in the mini rally right now.