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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: sea_biscuit who wrote (90749)1/23/2008 1:21:57 AM
From: Mike Johnston  Read Replies (5) | Respond to of 110194
 
Look at this Bloomberg headline:

"Bernanke to Cut Rates Further, Faster as Inflation Concerns Ebb "

I guess too many people are listening to deflationist propaganda machine.

Let's see, they cut 75 points yesterday, if stocks fail to rally at least 10%, they will cut another 50-75 by the end of the month.

At this rate we will be at 1% funds by March.