1. Report Completed: 11/19/2008
In the Name of Allah, the Beneficent the Merciful
Topic: Hell Has Frozen Over!!!
The Feds have cut the Fed Fund Rate by 50 basis points! The market is at ease...
TEMPORARILY. This is only a correction. The markets will surge temporarily due the
temporary liquidity supplied to the banks. However, you will see market prices, stock prices, and
the prices of goods and services fall--rapidly! The Fed Fund Rate is at 4.75% --exactly where I,
Deitric Muhammad--Chief Economist of Muhammad's Global Enterprises, LLC(MGE19),
expected the Feds to stop raising rates. This should have been the maximum rate. However, I
underestimated the Fed's level of stubbornness. An economic contraction was occurring as I
stated. This is why the Feds had to supply extra liquidity to the market. This is clearly stated in
my company's The Proven Insights on Market Predictability Economic Report FY2006. You can
read this on page 2 of the report which I wrote in October 2005 here at
http://www.mge19.com/sample.pdf . Unlike you hear in the media, we are in a deflationary
period--not inflationary. All of this inflation talk is without basis. We haven't had inflation since
October 2005.