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 FED just lowered 75 bps View next topic
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icenvegas
Schumpeter Reincarnate


Joined: 22 Nov 2007
Posts: 3896
Location: Las Vegas

Re: FED just lowered 75 bps
PostPosted: Tue Jan 22, 2008 3:20 pm Reply with quoteBack to top

angryvoodoo wrote:
thats what I'm afraid of

WHY CANT I BE A CEO OF A FAILING FINANCIAL INSTITUTION


hey, I called it first !

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EXmtgbkr
Nitroglycerin


Joined: 16 Apr 2007
Posts: 643
Location: Cincinnati

Re: FED just lowered 75 bps
PostPosted: Wed Jan 23, 2008 1:25 pm Reply with quoteBack to top

I guess my belief is that the fed is seeing a demand problem which is allowing the rates to fall as quickly as they are. I don't think that they would be doing this if they felt there was sufficient demand to drive inflation into space.

Maybe too much credit given, but thats my take.

To those that say stay out of it, you aren't being realistic as I am sure you know.

I want my $800 rebate now!!!

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cr8ive
Cherry Bomb


Joined: 30 Oct 2007
Posts: 124
Location: Dallas/Ft Worth

Re: FED just lowered 75 bps
PostPosted: Thu Jan 24, 2008 10:51 pm Reply with quoteBack to top

The Dow Jones Industrial Average rose 108.44 points, or 0.88% to 12378.61, the Standard & Poor’s 500 index gained 13.4 points, or 1.01% to 1352.07 and the Nasdaq Composite Index picked up 44.51, or 1.92%, to 2360.92. The consumer-friendly Fox 50 gained 7.31 points, or 0.76%, to 967.03.

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