Vladimir Senkov

Fed Cuts by 0.75% to 3.5%

"Alarmed by a weakening U.S. economic outlook and deteriorating credit and financial markets . . ."
I wish this was true. but the timing of this move suggests that the FED was alarmed by the sell off on the markets rather than economic outlook. If this was tied to economic outlook, he would have acted after getting some kind of an economic report, no?