Posts tagged as:

donald kohn

Mortgages & Lending

The Fed Gets New Glasses: Sees What’s In Front Of It’s Nose

by Charles Feldman | December 12, 2007

Here’s a quote that should make everyone feel better this holiday season. It’s from the chief domestic economist at Morgan Stanley and is in a report to clients as reported by the New York Times.
“A mild recession is now likely, with no growth for the year ahead.”
Great.
And, based on what the Federal Reserve just did–cutting [...]

2 comments Read the full article →
Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.