if i were bb, the falling stock market will only exacerbate the slowdown that has begun. Its like that snowball coming down the mountain. IF they are going to intervene here they should go 1/2 point and note that language about equal weighting of inflation and recession is out the window. That might give the market back its sea legs. Get ready for a $400 check going out to all taxpayers on Jan 1. oops feb 1. Bush and congress dems might be working on that right now. helps both is demand side and non-ideological.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.