I found this interesting article on the Wall Street Journal website about how the Fed rate cut could affect you; not me though – I’m a Canuck and guess what, we’re on top of the US both geographically and thanks to the recent breach of parity, financially as well. Time to go on a mad shopping spree to the States. Let’s see, what am I interested in today, perhaps a few f16’s, some M1A2 Abrams, and last but not least a few thousand M16s. OK, joking aside, here is a graphic depicting the effects of the rate cut on consumers:
(click thumbnail for full size version)
