Seems as though it hasnt solved a thing, liquidity is drying up and there is no one that wants to lend, tight credit market, I think we can welcome new lows on the markets soon. This is far from over, anyone wishing for a rate cut can keep wishing because the federal reserve is about done lowering rates, forget about any catalyst that will push the markets higher, there isnt any at the moment, the federal reserve is done offering all its rate cuts. By the way 130+ oil was reality when I talked about it in my prior post, thank the federal reserve for significant inflation and a dollar thats just about worthless.