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investor88's
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A rate cut is not what it used to be like 2003. Useful to note that the 1% stayed for a year before it had any effect in 2003.
Oct 30 09:54 am
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All Comments by investor88 »A 1% Rate Isn't What It Used To Be [View article]
This time the challenge is whether the cut to 1% or even zero ala Japan is going to work. Right now we are having a equity rally. When this rally is over in a few days/weeks/months, gloom may well return.