10/30/2007

The scariest Halloween costume

The story of Halloween goes back over 2000 years to the ancient Celts. Druidic priests regarded October 31st as the end of the year. Not only was it their day for celebrating the year’s harvest, but also a festival for honoring the dead. In order to appease the wandering spirits that they believed roamed at night, the Celtic priests made fires in which they burned sacrifices, made charms, and cast spells.
As they danced around the fires, the season of the sun passed and the season of darkness would begin. As Halloween 2007 approaches, traders in the global money markets are betting that Federal Reserve chief Ben “B-52” Bernanke will sacrifice the US dollar with another rate cut, in order to cast a magic spell over Wall Street.
But if “B-52” Ben delivers another big-bang, a half-point rate cut to 4.25%, it might unleash a cadre of evil spirits, ghosts, and demons that would haunt the US dollar to its graveyard.

~Gary Dorsch, Global Money Trends

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