With the emergency 0.25 point rate cut over the weekend, and the news that JP Morgan have bought Bear Stearns for $2/share (a valuation of c$235m) it is going to be an interesting week in the markets.
A number of members have already shared their views on what falling interest rates and a weakening dollar mean, both for the economy and for their portfolios. We are highlighting a number of these as they are well worth checking out.
Views on Bear Stearns from:
More general views on interest rates and market volatility from:
Keep the commentary coming - we will do our best to highlight it throughout the week, both to others members and to journalists.
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