i will say this, if AG shocks by not lowering rates, i will remove all suspicion he has gone goofy and that he actually perceives the danger of another grossly inflated market, and the rocketship rally into July will head downwards.
But another rate cut will reveal he is committed to a massive inflationary asset base(meaning houses and the stock market) as he lies and says he by lowering ratess he is fighting deflation on consumer goods.
This the Greenspan ruse George Cole has so well brought forth.
Max p.s. i will be SHOCKED if AG actually left rates unchanged, however.