Month: February 2008

February 2008 Investment Commentary

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After cutting the Fed Funds Rate to 4 ¼% in December, the Federal Reserve Bank slashed the Fed Funds Rate ¾% on Tuesday, January 22nd and another ½% on Wednesday, January 30th to 3%. As we said in our January Investment Commentary, this is nothing more than throwing tennis balls at an oncoming train. The… Read more »