What do you expect when the news hit the wires tomorrow?
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100bps cut tomorrow factored in already?
- Thread starter turkeyneck
- Start date
75 points or higher and the market will surge
Who cares what the fed does? If we don't take 1270 out today, it will be tommorrow. I think the fed is irrelevant at this point.
the market wants 1%, anything lower may be a problem, if they were smart they would do .25 let the market sell off then decide from there...no need to give the market what it wants everytime they meet to lower rates.
They should lower them .25% and nothing more, if they really want to surprise everyone just leave them unchanged...
They should lower them .25% and nothing more, if they really want to surprise everyone just leave them unchanged...
No one cares about the inflation
no one cares about the bear sterns
no one cares about rising oil and rising commodities
we;re in a bull market
dow will close slightly unchanged
no one cares about the bear sterns
no one cares about rising oil and rising commodities
we;re in a bull market
dow will close slightly unchanged
Quote from stock_trad3r:
No one cares about the inflation
no one cares about the bear sterns
no one cares about rising oil and rising commodities
we;re in a bull market
dow will close slightly unchanged
So u dont care if your paying $5 / gallon at the pump b/c oil goes up or $6 for a loaf of bread b/c wheat continues to sky rocket ?
Oh, thats right, we're in a bull market, so those things don't matter at all.
You dont care if banks continue to collapse ? Oh thats right, we're in a bull market, so multi-billion dollar companies collapsing means nothing to u.
Wiseman you're not too wise.
Gas prices are anywhere from $2-4 a gallon in the US, which is hardly inflationary compared to prices in the 70's. The national rate of inflation is about 4% a year, which equates to in increase of 12 cents a year in gas prices. The rise in gas prices has been very steady and inline with inflation.
Even if gas prices rose to $5 a gallon next year it woudln't be a very big deal. never underestimate the American;s consumer ability to spend in the wake of rising prices.
Gas prices are anywhere from $2-4 a gallon in the US, which is hardly inflationary compared to prices in the 70's. The national rate of inflation is about 4% a year, which equates to in increase of 12 cents a year in gas prices. The rise in gas prices has been very steady and inline with inflation.
Even if gas prices rose to $5 a gallon next year it woudln't be a very big deal. never underestimate the American;s consumer ability to spend in the wake of rising prices.