. . . an answer: he did. [1] Fifty basis point rate cut. [2] If you ask me, it isn't going to help. Markets may rally short term, but I am still confident that September and October won't be fun.
. . . an answer: he did. [1] Fifty basis point rate cut. [2] If you ask me, it isn't going to help. Markets may rally short term, but I am still confident that September and October won't be fun.
Links:
[1] http://agonist.org/sean_paul_kelley/20070918/saut_on_the_fed_and_the_markets
[2] http://www.nytimes.com/2007/09/18/business/18cnd-fed.html?_r=1&hp&oref=slogin