There will be no Fed rate cut
- Thread starter Bob Rowshan
- Start date
Quote from Bob Rowshan:
Are you saying I went through all of this logic for a measly $20 bet and won't take advantage of the stuation in the stock market despite starting a thread like this and understanding the odds of what I describe??
Meaning why waste your time for $20....
Buy cutting they keep the buyers on the side lines, buyers will wait for more cuts before buying a house or any large ticket item.
So it just creates a slower economy, because everyone puts off that big purchase.
All the fed is doing is helping investment banks with lower rates, banks won't pass that rate cut on to the consumer, they will keep it for themselves.
So it just creates a slower economy, because everyone puts off that big purchase.
All the fed is doing is helping investment banks with lower rates, banks won't pass that rate cut on to the consumer, they will keep it for themselves.
Now just think of how much big ticket buying would occur if they fed did not cut, and signaled a wait and see approach.
Buyers would go ahead and commit knowing that rates may not go lower.
Its' just common since something you won't here on CNBC.
Buyers would go ahead and commit knowing that rates may not go lower.
Its' just common since something you won't here on CNBC.
The chances of a rate cut just went down today, I would expect.
Which ones in specific?