Hey MetalFillBoy and hopefully everyone else...
I was just watching Fast Money (we're out in CA), we're on commercial break, but, Wayne Angell was just on (former Federal Reserve Governor) and gave his two items which must be done now. He was adamant.
I don't know if they put up transcripts of the show, but, if they do there's a short answer for you from a very credible source. Better if you saw it so you could hear the urgency in his voice.
He said the Fed has got to act now and take rates down so low that you make equities attractive. He said it doesn't matter if it's 1% or 1/2% or even 1/10%. I agree totally.
It was a great interview even though he was rushed and cut short on time. Hope you saw it.
I'll still try to add more tomorrow when I get time.
GL tomorrow.
