Rubber Duck
19th October 2007, 07:31 PM
Down about 280 points.
It would appear that the Fed has no clothes! :p
touchring
19th October 2007, 07:43 PM
Down about 280 points.
It would appear that the Fed has no clothes! :p
They've been saying that 8 out of 9 times, after a i/r reduction, the market turns bearish in less than 2 mths, so it turns out true. In that case, what's the point of reducing i/r? You lost $160 billion in one mth, $90 oil, and $770 gold. There has got to be a better way.
bwhhisc
19th October 2007, 09:04 PM
Global rebalancing...interesting read for those interested in world economics.
http://www.aei.org/publications/pubID.26872/pub_detail.asp
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