Wednesday, July 06, 2005

WSJ.com - Australia Holds Rates Steady Amid Benign Inflation Outlook

WSJ.com - Australia Holds Rates Steady Amid Benign Inflation Outlook

LOWER SHORT INTEREST RATES AHEAD!

From the British Isles to the Australian Coast, central bankers are considering lowering short term interest rates. The inflation concern is almost over.

I love writing about low inflation when oil is sitting on a record high. The slowing economy should give oil supply time to catch up with demand. A huge investment was just announced in the Canadian Tar pits. Consumers are reducing usage.

Lower interest rates should spark a stock market rally. It may be a tough tow or three months before the take off.

BUY THE BULL! COMPANIES ARE MAKING BIG PROFITS AND USING EXCESS CASH TO BUY OTHER COMPANINES, SHARES OR TO INCREASE DIVIDENDS!

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