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Discount rate also cut now 4%
So the blood bath is put off for a later date.....
calll off all of your pre-market shorts
S&P Futs are coming back.....rumor says that the market is expecting another 50bps at the next meeting
CNBC --- Fed is behind the curve....
BOLD move....., bet the ECB and other central banks need to move too. otherwise it is not credible and shows panic.
Doesn't BoC meet today?
9 am ESTright now
Does the Dow close below 12,000 today?? Vice Chair of Blackrock on CNBC saying ECB will cut within the next 6 months
euro markets slide into the red again--lukewarm response to fed cut
too mad there is no more chat on this site......futures are sliding a little as well
Canada lowers rates by 25bps to 4%....
Thanks for the BofC update.
We can have our own private chat.!
Fed Funds Futures for June are pricing in another 100pb cut....Futures do tend to overestimate on the way down
has not stepped in yet. DAX sux.
They are still concerned with price stability...I think they are behind the curve
and Davos opens today ..with all the talking heads. Should be interesting.
Dow down 179 in less then a minute
Dow down 179 in less then a minute
has given the initial jolt...but no confidence.
This is insane ...who cuts first BOE or ECB?
stronger conviction than ECB, imo.
OMX SE only one up and by 4 points.
When is their next meeting...I don't think either will have an emergency meeting......
i was listening to bloomberg radio overnight and some british dude was spouting of some bs about how us interest rates would go to 0 and that there is a possibility of a 10-20 year recession.
what a retard.
------
"its the running joke now, we now have fair trade with china so they send us poisoned sea food and we send them fraudulent securities."
I've heard the D word being thrown around.........
yea he was dropping it like it didn't mean anything. i highly doubt that. look at 1987, it didn't happen after that and we're still pretty far off from what happened then. but then again, from my recollection, it took sevveral years for the markets to recover to their pre october 19th levels
------
"its the running joke now, we now have fair trade with china so they send us poisoned sea food and we send them fraudulent securities."
what's "behind the curve"
meaning the market has already price it in or is expecting it to happen and they are not reacting in time
stock end up on the day? - its a possibility
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