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Will Ben cut 25 or 50 bp on Halloween?
- Thread starter detective
- Start date
Rates can go as low as 1% if he wants
it was that low in 2002
it was that low in 2002
Quote from stock_trad3r:
Rates can go as low as 1% if he wants
it was that low in 2002
Uhhh.... cut to 1%? That's what caused all of the problems to begin with. Rates were too low then everyone bought houses and they found out they were screwed when rates had to be raised.
It's like delaying a car crash.
inflate or die. Do you get it? Julian Robertson does.
25 at minimum.
At work on the afternoon he cut 50, I wandered into the office of an Indian co-worker of mine.
I said, "Wow. He did 50."
He said "Stupid thing to do."
I was taken aback, figuring after all, that this guy was printing bucks on his longs at that hour.
But I figured it out that night. He's more pro-Indian than pro his portfolio, and he knew that 50 was going to make it tougher to outsource to India. Rupee's up 10% on the dollar so far this year.
So, what happens today? Paulson and the rest of the G-7 said that China needed to increase the rate of change on the remnimbi.
What we have here, folks, is a game of chicken. The Fed will cut until the Chinese (and the Indians and all the rest) finally throw in the towel. Or vice versa.
We're nowhere near finding out who's going to blink first.
At work on the afternoon he cut 50, I wandered into the office of an Indian co-worker of mine.
I said, "Wow. He did 50."
He said "Stupid thing to do."
I was taken aback, figuring after all, that this guy was printing bucks on his longs at that hour.
But I figured it out that night. He's more pro-Indian than pro his portfolio, and he knew that 50 was going to make it tougher to outsource to India. Rupee's up 10% on the dollar so far this year.
So, what happens today? Paulson and the rest of the G-7 said that China needed to increase the rate of change on the remnimbi.
What we have here, folks, is a game of chicken. The Fed will cut until the Chinese (and the Indians and all the rest) finally throw in the towel. Or vice versa.
We're nowhere near finding out who's going to blink first.
So then why did all the China stocks surge after the Fed cut rates last month?Quote from trefoil:
25 at minimum.
At work on the afternoon he cut 50, I wandered into the office of an Indian co-worker of mine.
I said, "Wow. He did 50."
He said "Stupid thing to do."
I was taken aback, figuring after all, that this guy was printing bucks on his longs at that hour.
But I figured it out that night. He's more pro-Indian than pro his portfolio, and he knew that 50 was going to make it tougher to outsource to India. Rupee's up 10% on the dollar so far this year.
So, what happens today? Paulson and the rest of the G-7 said that China needed to increase the rate of change on the remnimbi.
What we have here, folks, is a game of chicken. The Fed will cut until the Chinese (and the Indians and all the rest) finally throw in the towel. Or vice versa.
We're nowhere near finding out who's going to blink first.