The Residential Real Estate Crash Index Message Board

STOCKTALK

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 Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy Jetson who wrote (89634)	9/18/2007 12:25:46 PM
From: Rarebird	Read Replies (3) of 306849

<<The central bank will probably reduce its benchmark interest RATE today for the first time in four years, opting for a quarter-point CUT to 5 percent, according to the median estimate of 134 economists surveyed by Bloomberg News.>> The Market has been trading as if it expects the FOMC to send a message to reassure the market by choosing to make a more dramatic cut in the discount rate to deliver that message. The major problem I have with all this "Alice in Wonderland" talk is that I don't see how the Fed can provide solvency to the mortgage market. My bet is that we get a false breakout after 2:15pm EST and then turn lower.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next