A firm stock market=NO RATE CUT

...Agree, not only is the market rebounding in full force but looks all the subprime,lending, liquidity housing panic is over

no big headlines in almsot a week"...

JUST WAIT for next earning period when Banks have to disclose more of whats on there balance sheets. After revlautions move from model to market.

In the months to come there will be more mortgage write downs as house prices fall.
 
Quote from myminitrading:

How long has the treasury market been predicting a rate cut? running up on a year. First it was the ten year, now the 90 day is all the rage.

The data simple does not warrant a cut. The market is trying to force the fedS hand, this ain't Greenspan anymore.

The market is still positive for the year, give me a break!
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Yep. You, Bernanke, Trichet, and every useless bureaucrat on the boards of the Fed and ECB know better than all those folks in all those pits trading all those instruments.
Right.
 
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