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Reply #6: Thanks, for the tip [View All]

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Maeve Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-12-03 07:54 AM
Response to Reply #4
6. Thanks, for the tip
Hubby is planning to get some travellers checks in euros today or tomorrow. I may be wrong about which way the dollar is going against the euro--and the shifts aren't major...yet. But I'm working on a nice flock of stomach butterflies.

Here's a nice article calling for clarity from Mr Greenspin et al...

Clarity, please, Mr. Greenspan

NEW YORK (CNN/Money) - A growing number of observers have come to believe that the best thing the Federal Reserve could do to ensure economic recovery is offer up a little more clarity on what, exactly, might prompt it to start raising rates again.

At this point it seems unlikely they're going to get their wish.

Economists and investors are all in agreement over what the Fed will do with rates when it meets Tuesday -- nothing -- but when it comes to what's going to happen later this year and next, confusion reigns.

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