Tougher times ahead, at US$1.22 per Euro and $1.80 per Bristish pound, not only will travel be affected but also the cost of durable goods and imports from Europe. There is some talk that Federal Reserve rates -increased yesterday to 3.75% will once again have to be adjusted, upwards of course, and very quickly to sustain an adequate balance. Add hurricanes, $67 crude oil and uncertainity........
Are we seeing a slowdown?
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