Quote:
Originally Posted by Justfishin73
Futures looking ugly, the short covering fake last minute
Friday may have fooled some people.....word is US to cut rates by 50 bps, think we will be doing at least 25 bps on Wednesday. Not sure that will stop the blood in the streets though.......
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The problem with cuts is, they don't have much room left to cut. And if the markets keep falling, they have used their only tool in the box. Then what?
Damn grim.
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