Coronavirus peaked Jan 20th and will be totally forgotten by April. The rate of infection is slowing.
apparently, last time an emergency rate cut was issued was during the '08 meltdown.
apparently, last time an emergency rate cut was issued was during the '08 meltdown. So using that logic, this must be as bad
My son told me today that is language arts teacher was "debunking misconceptions" about the virus, explaining the people questioning and criticizing the virus founded in wuhan is racist. This is where we are at in western civilization. But hey, diversity is our strength right? lol. On a more serious note, there was never such thing as a FREE ENTERPRISE. The markets are heavily manipulated and still is, by the Fed. HK and US both cut rates by 50 bps, while indonesia's inflation rate is at an all time high. They are really trying to make the U.S. dollar a weak and worthless currency. They literally own 80% of all ETF's which brings me a thought. There aren't any real investors, because they are artificially inflated and the fundamental pre-requisites contradict what any modern theory of a rational market would suggest.It was bought to us by Bat eating retards.
PangolinIt was bought to us by Bat eating retards.
My memory is probably faulty, I think the markets were limit down when they announced the cut back in 08. Perfectly timed and triggered a massive short squeeze.
Some how i dont think they did it after a 1200 up day back in 2008.
I never implied anything, just saying that either the fed thinks the cut is merited in a similar fashion or....?It was during the Soc Gen debacle in Jan 2008. What a clusterfuck that was! the fed was caught off guard.
The soc gen issue had nothing to do with the 08 melt down.
Mail us all checks...The next thing is gonna be fiscal stimulus and heavier QE? Expand the balance sheet? Negative rates ???

Coronavirus peaked Jan 20th and will be totally forgotten by April. The rate of infection is slowing.
The cheap money will drive the market much higher this summer.
apparently, last time an emergency rate cut was issued was during the '08 meltdown. So using that logic, this must be as bad