The Black Box

[michalel97123]

I think he acts. This market is shaping up as a disaster and confidence consumer and otherwise is in the toilet. Two wees ago i didnt see a recession. One week ago i saw a mild one. I think things are cascading out of control here. IF the investor class gets annihilated now after real estate after consumer after iraq etc. spiral out of control comes to mind. I think he needs to nip that in the bud. We need rate cut and clear statement that inflation numbers are rear view mirror and that the health of the US and world economy takes precedence at this time. He could go 1/2 and 1/2, maybe 3/4 and intention of going back to 1/4 cuts.