(email) > > An impressive November Factory Orders report offered a respite from the > recent round of weak economic data. Yes, and maybe even
(email with Randall Wray) On Dec 15, 2007 9:05 PM, Wray, Randall wrote: > By ________ > > This time the magic isn’t working. >
From the Fed’s theoretical framework, their best move is: ♦ Cut the discount rate to 4.5 ♦ Leave fed funds at 4.5 ♦ Remove the
Another example of a chunk of the losses being contained on Wall Street, and not leaking to Main Street this will now have zero effect