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How High the Chances of Reccession in US . . . ?
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tatrader
Senior |
07-Aug-2007 14:06
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Greetings, I would say that that recession is unlikely so far considering that US companies are doing well and the businesscycle just picked up. |
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red1721
Senior |
07-Aug-2007 12:42
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Hey, he's got a point there you know... |
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cheongwee
Elite |
07-Aug-2007 10:08
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TuaPekGong...My apology..if that make u sick...but it make me even worse...trust me...just yesterday..the dollar really did went down below historically 80 support level... This dollar touch this level only 4 times over the last 30 to 40 yrs..i believe given another 2 wk..it will go down further..if it break 78 then it will fall further like some expert said ..what are the consequences,i believe u can figure it out for yourself...that can cause a ran out of the dollar..everybody throw the $ will lead to a stampede out of the dollars..causing the economy and stock market to crash....beware!!! http://quotes.ino.com/chart/?s=NYBOT_DX&v=s |
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TuaPekGong9413
Elite |
07-Aug-2007 09:43
Yells: "deity" |
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cheong wee...juz dun understand...wat benefits do u get by posting yr sentences.....sicko.... |
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cheongwee
Elite |
07-Aug-2007 09:39
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Another time Bomb in The Making..The $ is crashing SOON!!!! |
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Simonloh
Member |
07-Aug-2007 02:30
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How High the Chances of Reccession in US ? ? CNBC Survey: Few
Economists See Recession Ahead Topics:Consumers | Economy (U.S.) | Economy (Global) By Steve Liesman | Despite brewing
financial turmoil, economists see only a one-in-four chance of recession and
say the Federal Reserve will leave rates unchanged at Tuesday's meeting of the
Open Market Committee. The FOMC is the
body within the Fed made up of presidents and governors that sets interest rate
policy. But the 47
economists CNBC polled suggest that the Fed may eventually be forced to come to
the market's rescue. CNBC asked if the
Fed should take action to calm financial markets. Some 36% said no, but 57%
said "not yet," suggesting that rate cuts could be coming if things
get worse from here. That's backed up in
their outlook for the Fed. Some 56% say the benchmark federal funds rate will
be unchanged six months from now, but 34% see the Fed lowering the rate by 25
basis points or more. The weighted
average for the funds rate is around 5% six months from now. The reason is that
economists still don't see much chance of a recession. Fed Chairman Ben
Bernanke is on the cusp of what is likely his biggest test. So far, a slight
majority of economists gives him an A. A third give him a B. But it's like
giving a grade before the final exam, or even the mid-term. His ultimate grade
may well depend on how he handles the current mess. You can take the
survey yourself at cnbc.com. On Tuesday at © 2007 CNBC.com Website Link à http://www.cnbc.com/id/20146848 |
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