CNNMoney analysts point out that this current stock rally is mostly euphoria from the rate cut, and (as they put it) "watch out for the hangover". The analysts also note that this euphoria may well extend into consumer behavior for the holidays; which is a better reason for doing it than helping out the homeowners. The "backlash" from this activity may hurt the economy, in the long run.
Deef sez Recession Chances: 55% !
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