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Strategies & Market Trends : SiliconInvestor All Stars Forum

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To: SouthFloridaGuy who wrote (1499)11/1/2007 7:53:44 PM
From: SouthFloridaGuy of 1718
 
So the Fed basically has cut a few times, cheapening the price of money. Now the "risks" are balanced between inflation and growth. Oil rallied as did other commodities.

My question is, "was it worth it?".

The answer is YES if it guarantees solvency of key banks, but please do not fool yourself if you think it will avert recession.
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