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ajtj99

01/08/08 11:54 AM

#113341 RE: anyer1 #113340

Yup, it seems people are rotating into stores of value as the Fed appears to have a good chance of a 50BP cut this month.
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jdaasoc

01/08/08 11:55 AM

#113343 RE: anyer1 #113340

FED acted with cuts twice before at levels coming up quickly in our rear view mirror. Market reacted well afterwards.

Are we in for repeat in Act III or are rate cuts looked at more critically as combating a recession rather then heading one off.