Federal Reserve slashes interest rates to zero as part of wide-ranging emergency intervention

[FriskyCat]

I agree. This seems bearish to me too. Looks like Fed panicking.

They've been non stop panicking for a few weeks. Some might argue months.

 

[tsfx]

Well thats something you dont see everyday

 

[Overnight]

Well thats something you dont see everyday

Or every decade!

They set us up the bomb. HA HA HA!

 

[ensemble]

Live stream of Powell’s address here:

 

[eternaldelight]

*when you use up all but one health potion before the big boss battle*

 

[murray t turtle]

Negative interest rates here we come

%%
Headed that way;
but I will believe that when I see it. BUT i'm glad I got out of FAS, fast/banking sector- even though trading profits tends to increase-sure did in 2009...……………………………………………..

 

[Overnight]

*when you use up all but one health potion before the big boss battle*

No, this is using them all, and having no more cure spells with your mana, because it was drained away healing your mates in your party!

 

[eternaldelight]

No, this is using them all, and having no more cure spells with your mana, because it was drained away healing your mates in your party!

This being the boss battle and this rate cut being the last health potion. Shoulda saved em. Fed done fucked up.

 

[Overnight]

This being the boss battle and this rate cut being the last health potion. Shoulda saved em. Fed done fucked up.

Yup

 

[schizo]

I agree. This seems bearish to me too. Looks like Fed panicking.

Makes me wonder whether they're panicking because of Corona or the market meltdown. Probably both, but still. (It's not just me who thinks the Fed is "slavish" to the stock market.)