Continuing signs of contraction and fall-out from the mortgage crisis.
The only, only reason the Fed tinkers with the interest rate is to head off a recession. Wall Street is practically begging the Fed to cut interest rates. Now, there are some very smart economists paid a gazzillion dollars to predict fluctuations in the economy and to 'lobby' the Fed to save their asses when all their predictions of continued strength and dynamism in the market proves groundless. Right now, those 'super' lobbyists are on bended knee. They see the future and they are worried.
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