An interesting Article for those that believe the Market is now following a new set of rules.http://cbs.marketwatch.com/news/current/cappiello.htx?source=blq/yhooMy own views are influenced by Mr. Roach, an Economist for Morgan Stanley, and his commentaries in their Global Economic Forum.Their Analysis of the recent rate hikes was that it was just a return to the status quo, as the rate cuts in 98 was to halt the spread of the Currency Contagion that was working its way Westward.
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