100bps cut next meeting?

Ivanovich · Mar 5, 2008

I was surfing my news feeder and saw this blurb:

GBP suffered major losses after the KPMG/REC Job reports negative the first time

in 57 months. The data resulted in EUR and other high yield currencies to be

dragged lower until the PMI data stopped the easing. While dollar suffered a

slight setback, it has managed to recoup losses against JPY placing SGD and

others to maintain its strength. Cross play continued to dominate proceedings in

the market ahead of US ISM data tonight. Expectation of a 100bp rate cut has

brought about a shift in funds from dollar to other high yield currencies with

some Asian currencies are not left out on this round.

WTF? Is that accurate? Is a 100bps rate cut being priced in at the moment?

Reaver · Mar 5, 2008

Quote from Ivanovich:

I was surfing my news feeder and saw this blurb:

WTF? Is that accurate? Is a 100bps rate cut being priced in at the moment?

That's a scary thought. Holy hell.

Pro_Trader720 · Mar 5, 2008

See this article.

http://seekingalpha.com/article/66495-bernanke-isnt-finished-cutting-by-a-longshot

dinoman · Mar 5, 2008

I wish they would just cut the rate to 0 and get it over with. Not that it matters or will help anyone.

Just cut to 0 and move towards a tightening bias. Then they can STFU and go crawl in a hole.

regal_2012 · Mar 5, 2008

Quote from dinoman:

I wish they would just cut the rate to 0 and get it over with. Not that it matters or will help anyone.

Just cut to 0 and move towards a tightening bias. Then they can STFU and go crawl in a hole.

heh

funny, but true

nazzdack · Mar 5, 2008

100 basis points by June

Reaver · Mar 5, 2008

Quote from dinoman:

I wish they would just cut the rate to 0 and get it over with. Not that it matters or will help anyone.

Just cut to 0 and move towards a tightening bias. Then they can STFU and go crawl in a hole.

As crazy as it sounds, hell, they may as well do it.

At least it'll be out of the way then.

HedgefundTrader2 · Mar 5, 2008

Quote from dinoman:

I wish they would just cut the rate to 0 and get it over with. Not that it matters or will help anyone.

Just cut to 0 and move towards a tightening bias. Then they can STFU and go crawl in a hole.

Wish they crash the markets to zero. End of trading, end of shorting the rallies, and all of this negativity , doom and gloom. No more, go eat dry grass and peel bark off the trees. You seem to prefer living under someone's rented roof anyhow..why not the stars and bright blue skies ?

There are lots of forests in US mainland, plenty of food..and bright stars to keep company.

Ivanovich · Mar 5, 2008

Quote from day7793:

Wish they crash the markets to zero. End of trading, end of shorting the rallies, and all of this negativity , doom and gloom. No more, go eat dry grass and peel bark off the trees. You seem to prefer living under someone's rented roof anyhow..why not the stars and bright blue skies ?

There are lots of forests in US mainland, plenty of food..and bright stars to keep company.

Don't you get tired of singing the same, old, unwanted song?

limitdown · Mar 5, 2008

Quote from dinoman:

I wish they would just cut the rate to 0 and get it over with. Not that it matters or will help anyone.

Just cut to 0 and move towards a tightening bias. Then they can STFU and go crawl in a hole.

don't forget that Japan did this some 12 years ago and has never risen since......

wonder why, inspite of their high savings rate....

Americans (when you count investmet in home, and other durable goods) save as much and more than other countries citizens.....

just not in cash assests.....