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Does a flood of bad news guarantee a rate cut?
Posted By: Aeron
Date: 9/8/07 at 3:15 a.m. EST
If that's the case, why isn't this laughable "market" in "rally" mode,
as "investors" snap up "bargains" due to "hopes of a rate cut"???????Why, because a cut is not guaranteed......The housing and financial
bubbles need to work themselves out, and FED intervention will be a
recipe for disaster.....The real problem is inflation....The figures spoon fed to the sheeple
are as bogus as any piece of data out there, and the FED knows
it....Inflation is raging, and a rate cut will only exacerbate the
situation...Can they afford to stoke the inflationary fire by lowering rates to
save the "market"?????? If they were smart, they'd let the housing
and credit issues work themselves out, which they will over time...The
FED has already intervened, pumping billions of dollars of Funny Money
into the system...Of course, there will be more pain to endure, but eventually, things
will work out in the wash, as all of this is self-leveling...By
intervening, things will only be slowed, not prevented...Keeping this laughable excuse for a "market" propped up is only going
to put a sword through the heart of the real investor....The FED
should let things work themselves out, instead of interfering with the
inevitable....
- Does a flood of bad news guarantee a rate cut?
Aeron -- 9/8/07 at 3:15 a.m. EST- Re: Does a flood of bad news guarantee a rate cut?
Stock Guru -- 9/8/07 at 11:46 a.m. EST
- Re: Does a flood of bad news guarantee a rate cut?
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