Currency Comment

David Andrew Taylor left the following comment on my post about Bill Gross and a Fed Funds cut.

Roger... I see it. It takes a few months for a Fed rate hike to take affect in the market. Sooner or later, all these Fed hikes are going to work their way in to the marketplace. We're probably going to see another soft patch. Add in the price of oil, and the economy isn't set up for strong growth. I've been putting a few things up on my blog about this. We're more likely to see the Fed move to the downside until the beginning of the year. I just feel that Al should be pausing to see the effects, instead of just plugging ahead.

If you don't know David he has an excellent blog over at Disamally.com. The other day I wrote a post about what I read. David's blog is one of the ten or so that I read regularly.