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May I ask where you for that matter any of the gloom and doom "columnists" that have some need to share their view with us mere peons got your degree in tea leaf reading? I hope from a acredited school and not some diploma mill with a web page.
Apr 30 17:18 pm
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All Comments by Voice of Reason »The Fed Cuts One Last Time [View article]
The FRB said what they said. While still border line double speak pig latin perfected by Greenspan what they will do next time now two months off in the future is simply too distant to forcast. Period.
While I agree the days of agressive cutting are past, suggesting they for sure won't cut another quarter or half point over the next couple meetings is AS ALWAYS uncertain and for sure will be influenced by events THAT HAVE NOT HAPPENED YET. Keep that in mind folks. Actually I'm hoping the get down to 1%, then using my quarter million dollar credit line would be sweet.