Friday, October 26, 2007

Trick or Treat from the Fed?

The financial markets eagerly await the much anticipated action of our Federal Reserve cheif this coming week. Many pundits out there think we might be looking at another one half per cent decrease in the funds rate. What does all that mean to you and me? I'm afraid it might not mean a whole lot. How can we possibly expect to make up for the actions of of the past? How do we make right the dollars that went into bank accounts when greed was the ruler of the day? How do we make right the actions of builders suddenly turned mortgage originators, after they have admitted to out right mortgage fraud? To make a sale? To ruin someone's life? Are you kidding me? When did we get to that point?

The sun will come up tomorrow. It's Saturday, you might not have to work today. Monday will be here before you know it. The Halloween holiday will be upon us and the Fed will make it's move. What you need to know, is how to protect yourself and your loved ones in the coming tough days ahead. It will be "trick or treat" this coming week, for real and for the future. If you have questions, I hope you leave a comment here. We've been at this over 29 years, there isn't much the Fed can do we haven't seen before.

We hope you enjoy this coming week and the holiday season ahead, pumpkin pie, snow, a crackling fire, isn't it great to be here?

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