Quote from empee:
Thoughts? As of now I would say less than 5 %. Will they cut 100 bp? They have to "shock" the market.
maybe a global bailout like ECB+Fed coordinated?
As a side note, has anyone seen a 500 gap in dow futures? I cant recall it.
Quote from jficquette:
Fed is not going to do anything. Lowering rates won't help this situation. Market just needs to crash 20-30% and then it will be ok in about 5 years.
John
Quote from robbie380:
just because you don't want them to do anything doesn't mean they will stay on the sidelines. obviously they are going to act. i have no clue how you gather that they won't act.
Quote from empee:
I find it hard to believe that the FED/government would allow the market to open down 500 pts and do nothing.