emergency Fed cut predicted by Goldman strategists

Oh good another more rate cuts crude will be $150.00 and the aveage for unleaded gas this summer will be $4.60 great job Fed dopes.

Wall Street gets a helping hand the consumers get the shaft.
 
Quote from Aaron Copland:

Oh good another more rate cuts crude will be $150.00 and the aveage for unleaded gas this summer will be $4.60 great job Fed dopes.

Wall Street gets a helping hand the consumers get the shaft.
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The only good thing about that is that we might actually be forced to break the oil addiction.
 
Quote from Joab:

Ya think ?

I hate to say this but I was screaming to anyone that would listen 6 months ago (as the markets was making new highs) that the fed better save it's bullets.

The older I get, the stupider people become.

I know you can relate gnome :)
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It's incredible... everybody is calling for "more rate cuts"... when the Fed gets to 0% (T-Bills were at 1.1% Friday... we're almost at 0% NOW) all they have left is to "monetize bad debts/paper". When they do that and it's recognized, bond holders should dump en masse, rates should sky, and the $USD should plummet.

You gotta be a total IDIOT to think that's going to be any good for US citizens.
 
Doesnt anyone understand that rate cuts ARE NOT GOOD for this slowing economy, what does it take to realize this, if they continue to cut rates there will be greater problems in the next 12-18 months, the reason why the markets and economy are falling apart is DUE to the historical low interest rates greenspan fed the economy back in 2001. This is what created the credit bubble, they think by lowering rates and adding more liquidity to the system that things will get better, IT WONT, this problem has to work it self out with something we all know about: TIME. Thats the only thing that will fix this problem. They are trying to throw everything at the problem, and looking at it over the last 6 months, nothing is working. Cutting the rates to 2% will only create intense inflation and a dollar that will be worthless, the federal reserve should not do a thing.
 
Fed shouldn't be do anything... government regulation only creates problems. This is laissez-faire... let the market solve its own problems. A rate cut is not like a pill you take, it only prolongs the inevitable.
 
Quote from ASusilovic:

http://www.marketwatch.com/news/sto...x?guid={009382B3-F411-43AC-A306-8B389B4F7597}

Earlier Monday, Goldman Sachs reiterated its view that the Federal Open Market Committee would drop rates to 2% by late April, at a pace of half a percentage point during each of its next two meetings. However, "we cannot rule out an intermeeting rate cut today," the Goldman strategists said.
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I don´t like it if they are imprecise...it´s not a rate cut...it´s just the Fed expanding securities lending program ....:D :p :) :cool:
 
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