RBNZ Cuts OCR… Kiwi Rallies!

by Chuck Butler
Daily Pfennig

Good Day… And a Tub Thumpin’ Thursday to you! I love these “every other Thursdays” because I get to do some Tub Thumpin’ too! I’m running late again today, what else is new? I try to be diligent about the time I get up, get ready, get to work, and start writing, but… There are always bumps in the road… This morning though, our Little Christine, is bringing in breakfast sandwiches, so I’ve got that going for me today! YAHOO! I’m greeted this morning with R.E.M.’s song: Losing My Religion… In the late 80’s, early 90’s, there wasn’t a hotter band going than R.E.M. I finally got to see them live in 1995…

Well, the broad-based, or wide based, is how I described it, selloff of the dollar ended yesterday afternoon, and the currencies and metals had to give some of their gains back…

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