T The Kin2 Jan 19, 2008 #1 Market has now fully priced in 3% or less fed funds by May 08. That's 3 more meetings. It really is pointless discussing what fed will do in the end of January because they will make up for it at the next meeting. My prediction: 75, 25, 25
Market has now fully priced in 3% or less fed funds by May 08. That's 3 more meetings. It really is pointless discussing what fed will do in the end of January because they will make up for it at the next meeting. My prediction: 75, 25, 25
M MrDODGE Jan 20, 2008 #2 I agree with your prediction. After the 75 basis point cut the Dow jumps 500 points.
9 99atlantic Jan 20, 2008 #3 Quote from MrDODGE: I agree with your prediction. After the 75 basis point cut the Dow jumps 500 points. More... Maybe short-term, but long-term it will plunge 500+ from where we are at - rate cuts are the last thing this market needs to correct itself.
Quote from MrDODGE: I agree with your prediction. After the 75 basis point cut the Dow jumps 500 points. More... Maybe short-term, but long-term it will plunge 500+ from where we are at - rate cuts are the last thing this market needs to correct itself.
