December 17, 2007

Volatile market

Eventhough I am no longer slaving away in the corporate world (office politics is cruel but interesting to observe and indeed I have learned soooo much from it), I still follow the Business section of the news with keen interest. Why? Because it helps me plan our budget and savings.

With the US cutting interest rates and speculation that it might fall into recession - how will it affect the Aussie market? Will we and rest of the world fall into recession too? Already, the Aussie dollar has weakened against the greenback but when will the Reserve Bank of Australia start to cut interest rates instead?


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