Fed needs to LOWER rates now!

Quote from MrDODGE:

Sounds good in theory but it wouldn't go down as you explained. A cut would be taken positively at this point.


taken positively for a few days than the downward trend continues.
 
Quote from Dr.Greenback:

How?

You want the FED to raise rates when an estimated 2 million homeowners are facing possible foreclosure in 2008.

You are definitely talking your position.

What - you want to bail out reckless speculators and their idiotic management of their finances? Maybe you are talking your position.
 
Quote from Dr.Greenback:

How?

You want the FED to raise rates when an estimated 2 million homeowners are facing possible foreclosure in 2008.

You are definitely talking your position.

And you're underwater on your RE.
 
Quote from sprstpd:

What - you want to bail out reckless speculators and their idiotic management of their finances? Maybe you are talking your position.

No, but the central bank should be there for the markets and the economy.

A central bank must help to stabilize the banking infrastructure when banks need it most.
 
Quote from atticus:

And you're underwater on your RE.


You guys are funny. :p

I just think commentary from a Bond Bear who wants rates at 9% should be put in its proper context.
 
Com'n. For those of you who think you trade for a living, look at the data.

The feds raise, the market goes up. Fed cuts, market ends up down.

Take your head out of your asses. If the fed were to raise, the market may sell off in a knee jerk reaction. However, the dow would scream to 14000 plus,

ITS THE ECONOMY STUPID. SUB-PRIME DAMAGE is done. The only thing we are waiting for are the results.

Consumer is not holding back. The idiots continue to get more debt....

RAISE THE FUCKING RATES!!!!!!
 
Quote from Dr.Greenback:

No, but the central bank should be there for the markets and the economy.

A central bank must help to stabilize the banking infrastructure when banks need it most.

Not when the banks are just as reckless as the people who piled into their ARMs. There needs to be some good 'ole fashioned ass whooping on some of the banks to cleanse the system of excesses.
 
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