The Associated Press (in "Durable Goods 3rd Monthly Decline" article):
Many economists have raised the odds that the country could fall into an outright recession to as high as 40 percent although they believe that the Federal Reserve, which has already cut interest rates twice since September, will keep reducing rates if economic activity continues to falter.
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Deef sez **80%**; stock rally based on hopes of another (prop-me-up) Fed rate cut Dec 11th.
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Can you say volatile:
DJIA Mon 11/26 -237.5
Tue 11/27 +215
Wed 11/28 +254 midday
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