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Originally Posted by gales0678
what about the low us rates causing specualtion in global mkts , commodities , and currencies
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You are always going to have speculation and regardless commodities/equity bubbles are certainly the lesser of the evils.
The worst of the rate adjustments is set to occur over the next two years. The housing market is not yet stabilized. Even a half point rise would send our markets into a tailspin.
There really is no choice.