Fed cuts rate by a quarter point and shifts bias to neutral - can it stop the recession that is turning into a depression?
Peter Rabke
Sep. 18, 2007

The rate cut and bias change by Fed is too little and too late. The FOMC has agreed to cut rates by 25 basis points while maintaining its watch over inflation. The rate cut and the statement is bearish for the stock market but bullish for US Dollar.

According to media reports, Bernanke and fellow policy makers ``are really caught,'''' said Robert Eisenbeis, a former research director at the Fed's bank in Atlanta who attended meetings of the rate-setting Federal Open Market Committee before retiring early this year. ``The Fed needs to avoid the perception of bailing out the markets, lenders or borrowers.''''

Fed cuts rate by a quarter point and shifts bias to neutral - can it stop the recession that is turning into a depression?
Peter Rabke
The rate cut and bias change is too little and too late. The FOMC has agreed to cut rates by 25 basis points while maintaining its watch over inflation. The rate cut and the statement is bearish for the stock market but bullish for US Dollar.
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Housing recession turning into a real estate depression - number of Americans who may lose their homes to foreclosure more than doubled in August from a year earlier
Fred Day
The Federal Reserve is too late and the actions are too little to stop the financial meltdown led by Housing recession that is turning into an outright depression.
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As expected Lehman shows 'Equities Offset Mortgage Woes' but how long can they manipulate the true picture?
Karen Zuba
Lehman Brothers Holdings Inc., the largest U.S. underwriter of mortgage-backed bonds, said profit fell less than expected as fees from equities trading and investment banking offset some losses from subprime home loans.
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Oil ready to test $100 a barrel but that can be the last bull move for the commodity in this decade
Sam Adelton
Crude oil is set to cross $100 a barrel, and then fall below $40 in the next several years. The economic depression will oil prices to its knees but for now the bull run will be wild.
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Turmoil in the financial sector manifests through UK disinflation
Peter Oberois
The world may be headed for deflation and a resulting devastating depression. The UK data is scary.
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Microsoft and Bill gates cannot escape the EU probes - unlike in US Microsoft faces reality in Europe
Sondra Johnson
What goes on America may not go on for Microsoft in Europe. Microsoft faces the threat of fresh antitrust probes and escalating financial penalties.
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Lehman Brothers, Morgan Stanley, Goldman Sachs and Bear Stearns have tried their best to suppress the effect of the summer credit storm but the tidal wave is too big
Paula Zuba
The results are due this week. All eyes are on Lehman Brothers’ report. At 8am on Tuesday morning, Lehman is set start rocking the world as they are forced to disclose the first real damage report.
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The bubbles were creation of Greenspan as Fed chair no matter what he says now
Peter Oberois
He created the stock market bubble in 2000. He created the mortgage subprime and refinancing bubble in 2001-2006. He was also instrumental in creating the biggest bubble in mergers and acquisition that did finally burst in 2007.
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