fed cuts 0.25% bloomberg

futures jumping on a cut on a sunday night and one of the biggest investment firms in history just went under. Got to love this market.


This market should be 20% lower than where it is right now, these injections and rate cuts will bring more problems down the road then good, you can count on it.
 
What concerns me is reading the FED statement is the first paragraph "..... for the promotion of economic growth."

Nothing about price stability. We don't need growth we need flat line to bring commoditiy prices down.
 
Quote from Ivanovich:

My guess - which is all it is - says this move with GS and Bear, plus the 25bps cut to the discount rate means we'll see a 50bps cut on Tuesday, with wording that signifies a heightened awareness of inflation and that cuts are no longer the answer.
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Ywp... I too don't believe they will go as far as 75,,
 
Quote from gnome:

Fed is going for shock value. Is there a sense that "Fed knows things we don't and it's worse then we understand"? Fed desperation and panic?
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Bingo. This goes back to august when they lowered rates by higher than expected 0.5% everyone thought bernanke was crazy. Of course it took a few months for the public to start to realize how bad things actually were.
 
The Fed can go screw itself, overnight futures pumpers can go screw themselves. There is going to be a blood letting tommorrow like this market hasnt seen. Holding a financial stock now is like playing russian roullette with 5 chambers loaded.
 
Does anyone realize that was once a 21 billion dollar company was just sold for a little over $200 million dollars. What does this tell us???
 
Quote from NQscalper:

The Fed can go screw itself, overnight futures pumpers can go screw themselves. There is going to be a blood letting tommorrow like this market hasnt seen. Holding a financial stock now is like playing russian roullette with 5 chambers loaded.
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+1

Biggest fade opportunity you will ever have the chance to participate in.

Ever.
 
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