According to this article over at USAToday, the fate of the stock market hangs on a decision that will be made by Ben Bernanke. After the Federal Reserve meeting on Tuesday we'll know whether or not the fed funds rate will be cut.

I find it interesting that a quarter of a point can have such an affect on the stock market. I'll admit that economics wasn't one of my favorite subjects in college, so much of what is argued about interest rates, rate cuts, and the like is almost a foreign language to me.

All I know is that because of all the pessimistic news reports about the housing market, job losses, and mortgage rates have scared the pants off consumers - at least those consumers who are on the brink of becoming broke. I do agree with Loren Steffy when he says that prosperity is not built on rate cuts alone. In my honest opinion, we will not see prosperity until people are paid more, every single person has a roof over his/her head, and everyone has access to basic health care.

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