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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (9849)9/19/2001 12:08:15 PM
From: KyrosL  Read Replies (1) of 74559
 
>>Do you have a link? I can't find the story.

Not a story. Just take a look at the Fed Funds rate on this Bloomberg page (Interest Rates section.) It is now (12:05 pm) 0.75, still a full 2.25 percentage points from target; Fed continues to flood the market with money:

bloomberg.com

Kyros

ps. Sorry couldn't answer earlier. I am travelling today. About a rally, don't know, looks like we crash first.
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