Comments on: This Week Marked the Six-Month Anniversary of the Fed’s First Cut to US Interest Rates During the Current World Banking Crisis http://www.dailyreckoning.com.au/interest-rates-banking-crisis/2008/02/25/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Tim Jenkins http://www.dailyreckoning.com.au/interest-rates-banking-crisis/2008/02/25/comment-page-1/#comment-9684 Tim Jenkins Wed, 27 Feb 2008 05:11:26 +0000 http://www.dailyreckoning.com.au/interest-rates-banking-crisis/2008/02/25/#comment-9684 Once again terrific info and analysis. Inflation is bad news for PE ratios and recessions are bad news for revs, margins and earnings. They come in a package--the old double whammy. That is why you could by stocks so cheap in the early 80s--low multiple & depressed earnings. Looks like that might be in store for us somewhere down the road a bit. Once again terrific info and analysis. Inflation is bad news for PE ratios and recessions are bad news for revs, margins and earnings. They come in a package--the old double whammy. That is why you could by stocks so cheap in the early 80s--low multiple & depressed earnings. Looks like that might be in store for us somewhere down the road a bit.

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