SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Johnston who wrote (85983)9/6/2007 6:46:31 PM
From: Mike Johnston  Read Replies (1) of 110194
 
11 reasons why the Fed should cut rates:

11) Millions of realtors and mortgage brokers are praying for it and millions of "capitalists" are begging for it.

10) The smartest bond trader in history is losing money

9) Inflation expectations are "well anchored"

8) $300K/year realtors are eating meatloaf for dinner

7) Banks granted 400K mortgages to people making 40K/year and are now losing money.

6) New home developments became breeding grounds for crime and mosquitos and need to be filled with end users.

5) Housing industry needs to be stimulated, because we badly need more homes in AZ and more condos in FL.

4) A bunch of 26 year old hedge fund managers need help, because they had no idea that once in a while stocks can have a correction and sometimes loans do not get repaid.

3) Without the cut it would be a sad Christmas this year, as many hardworking financial engineers and paper shufflers would not be able to put down a 200K waiting list deposit on a Ferrari and will not be able to afford a $50,000 Christmas tree.

2) A certain realtor needs help, because he bought 25 tool sheds in Florida for $500,000 each, on credit, and has encountered an unexpected negative cash flow situation.

1) Jim Cramer wants it.

-
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News