Archive for the ‘International Effects’ Category

International crisis will be felt in our back yard here

Posted by FIN on October 30th, 2008 under International Effects, Super Crisis
Tags: ,  •  No Comments

On Wednesday October 29, 2008, the U.S. Fed has cut rate again by .5% to reduce the Fed rate to 1%.  The DOW responded prematurely in anticipation of this rate cut and bounced up almost 900 points on Tuesday.  The DOW closed at a .82% loss on Wednesday October 29, 2008.  What’s the go with [...]