Weird, but I kind've agree. I know this is a BS situation, but hell...it happens.
I don't think it's the end of the world. As other warnings go, this wasn't all that bad (8-10%...). Besides, it sounds like things are moving along the way MC wants, and the industry weakness is the only problem. That, of course, is purely cyclical and I don't think will last.
Last night's ruling should boost the market today, and continued "weakness" in the economy should add up to a rate cut in Jan (maybe Dec?). That will help, too. |
