Kelleev

The Rate Cut's Impact On Fixed-Income

I couldn't agree with you more! This is a very dangerous balancing act the Fed is playing, and I think the chances of failure are higher than they've been in a very long time. If foreign investors continue to lose faith in the US Dollar there is a risk for very high inflation rates when those dollars start coming home. This would be a scenario that feeds upon itself, and could cause the worst recession we've seen since the 1930's.