Thursday, Sep 09, 2010
Dead Cat Bounce Over - Depression on course
Bloomberg: BOE Mulls `Second Wave' of Bond Buying as Rebound Ebbs
Manufacturing, services and construction all faltered in August and the housing market weakened, surveys showed last week.
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Posted by estrader @ 10:15 AM (534 views) Add Comment
2 Comments
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1. hpwatcher said...
There probably is a grain of truth in it.
I suppose, I fully expect them to start the process again soon to continue to keep interest rates low - because that's what QE is all about.
And for those who have large amount of savings.....this is a warning!
2. fallingbuzzard said...
Why would interest rates rise if they just keep things as they are?