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Message: Fed Cuts Rates to 4.5 Percent

Despite oil prices and the subprime rumblings, which imo have already been factored in, the economy is seemingly sound with inflation in check, rates historically low, virtually full employment, home ownership its highest ever and a healthy stock market hitting all time highs....all things which can change if the elections bring us higher taxes or world affairs become a glitch for business.

Big picture things look solid right now....all subject to change without warning.

Look to China for some of your investment dollars as that market is white hot, has been and looks to continue to grow as we approach the '08 Beijing Olympics. Although some prices are high they appear to continue going higher.

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