Bernanke crashes the market today with 25basis point cut

I think the market is trying to push his hand, remember how it shot up after the 50 cut and then went back down.
This is the Goldman Sacks and Citi's of the world pushing for it. That screw's the average Joe cause oil, gold, bread are all going higher.
 
Topspin said:
I think the market is trying to push his hand, remember how it shot up after the 50 cut and then went back down.
This is the Goldman Sacks and Citi's of the world pushing for it. That screw's the average Joe cause oil, gold, bread are all going higher.
Click to expand...

You are catching on gashopper.
 
What the heck go for 75!
Bernanke, if you read this and took my advice, just know, I have no idea what the hell I just did.
 
another 50basis points or so and i may start thinking refinance.. and i got a 5% mortgage. lol
 
Chapdog said:
Instead of expected 50basis points.
Click to expand...

They dropped the 1/2 cut rate 'theory' after the jobs report came out, and since then, everyone knew it would only be a 1/4 pt. cut...
 
Last edited:
Fed rate cuts don't mean that the long term rates will automatically go down, the cuts affect short term notes directly thus helping banks in cash crunches. Banks are a cash flow buissness and when short term money gets cheaper cash increases. Bond prices and inflation forecasts are the main things to look for when thinking about long term rates. Often a fed rate cut will hurt the dollar and rates can actually increase.
 
You must log in or register to reply here.
Back
Top