Thursday, September 9, 2010
Dead Cat Bounce Over – Depression on course
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. ---------------------------
2 thoughts on “Dead Cat Bounce Over – Depression on course”
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hpwatcher says:
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!
fallingbuzzard says:
Why would interest rates rise if they just keep things as they are?