They will lower at least .50, It's the housing market stupid. Market rallys 250-500 pts.
The All Knowing out
The All Knowing out
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Fed will announce what at 2:15pm Wed?
- Thread starter a529612
- Start date
They should do nothing. But they will probably listen to the cheap money addicts and bad gamblers with their lame excuses (i.e. housing blah blah)
FEDS will announce that BEN will be dropping big bags of cash onto Wallstreet Just in time for trick or treating. After all that's what the FED is there for.
http://www.markit.com/information/products/abx/history_graphs.html
Don't rule out a cut as an attempt to stave off insolvency in Banks holding this stuff. Valuations are lower than in Aug or Sept. You didn't think it was about the greater good did you?
Don't rule out a cut as an attempt to stave off insolvency in Banks holding this stuff. Valuations are lower than in Aug or Sept. You didn't think it was about the greater good did you?
Quote from mokwit:
http://www.markit.com/information/products/abx/history_graphs.html
Don't rule out a cut as an attempt to stave off insolvency in Banks holding this stuff. Valuations are lower than in Aug or Sept. You didn't think it was about the greater good did you?
Yeah, few ppl realise the gravity of the situation, some banks are teetering on the brink of collapse, the fed cannot alllow that to happen.
Quote from mokwit:
http://www.markit.com/information/products/abx/history_graphs.html
Don't rule out a cut as an attempt to stave off insolvency in Banks holding this stuff. Valuations are lower than in Aug or Sept. You didn't think it was about the greater good did you?
Finally someone speaking sense. No Fed cut, not this, not any before this year was about equity markets AT ALL. Bernanke has never sold himself out to market cowboys (even though you may want to think so). The 50bp cut before was to avert a larger credit crisis, hence the building up and promoting of a structured fund that catches unmarketable structured commercial paper. Never would the Fed act because some equity index sold off 5% or 10%, what a nonesense. This just shows how uneducated the majority here at ET is. Anyone here who builds up sizable positions as a view on what the Fed will decide and how it will word its decision is plain dumb, because market positioning is way too complex at the moment, it could sharply sell off with a 25bp cut and it could sharply snap up even if the Fed would stay pat. Interesting that most bank dealers keep very reduced positions and take a wait and see stance but some here at ET seem to know it all, funny, very funny.