15 Dec 2006 Perhaps Better Than a Soft Landing for Stocks in 2007?
Posted at 15:24h
in The Friday Brief
The Fed met earlier this week and announced that they plan to keep the brakes on the economy as they fear inflation worse than they do a slowing economy. But there was room in their statement for hope that a cut would come in 2007 noting a “mixed” economic performance and describing the year-long housing slump as “substantial.”