Greenspan is another loose cannon betraying American markets. He is well inspired to line his pockets so he'll say anything to make it happen.
Bernanke just caved in. Fed rates cuts will eliminate the possibility of a recession. There can not be a recession in 2008. But you sold your stocks yesterday in a panic didn't you?
Very true. Similarly, by the time people lost their homes, they realize there was actually a housing bubble.
Spreading fear, fearing the fear itself. How would there be a recession when Feds start cutting rates easing money supply and balancing financial markets? Has there been recession in a election year? So how come it will happen now? I think Washington won't let that happen and you can bet your farm on it if you like.
Dude that was meant to be a joke, you take yourself waaaaayyyy too seriously. Take a chill pill and face the facts. It just hit me, you're Ben Bernanke! Just, My2¢¢
Cash and Cash equivalent consumer staples; Fast food chains; and Pharmaceutical. Farm lands and graveyards of course; the financial too!