“Exceptionally low” rates……for “extended period”

Posted by David Rosenberg - Gluskin Sheff

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• FOMC press statement released today – expect “exceptionally low” rates for “extended period” of time

• Ben Bernanke’s confirmation to be put to senate vote tomorrow or Friday

• U.S., Canada and the EU reducing fiscal stimulus

• U.S. home prices taking another dip? It’s only a matter of time before home prices succumb to glaring excess supply backdrop

…..read more HERE

DR01272

…..read more HERE