Reason: None provided.
Ummm - wait until everyone sees what happens to inflation, etc. as a result of these rate cuts.
These rate cuts are like pouring gasoline on a fire to put it out... Weimar Amerika, indeed.
Edit: PLUS, they already had a terrible T-bill auction... and now that they cut the rates, it is going to be even worse... who will buy the T-bills to finance the massive US deficits now?
113 days ago
2 score
Reason: Original
Ummm - wait until everyone sees what happens to inflation, etc. as a result of these rate cuts.
These rate cuts are like pouring gasoline on a fire to put it out... Weimar Amerika, indeed.
113 days ago
1 score