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To: NRG1973

wonder how long this rate cut will mollify the markets?

Global Rate cut will be welcomed. Should have a solid rise
today.


7 posted on 10/08/2008 4:42:10 AM PDT by ConservativeGreek
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To: ConservativeGreek
Global Rate cut will be welcomed. Should have a solid rise today.
12 posted on 10/08/2008 4:57:52 AM PDT by NRG1973
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To: ConservativeGreek
Global Rate cut will be welcomed. Should have a solid rise today.

But what about tomorrow? And the next day? And the day after that? Thats the problem with these rate cuts...they don't seem to have a lasting affect.

14 posted on 10/08/2008 4:58:44 AM PDT by NRG1973
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To: ConservativeGreek
Global Rate cut will be welcomed. Should have a solid rise today.

Sorry, the bank insolvency crisis (Europe melting down financially) will not be affected on iota by a rate cut. The credit bubble deleveraging is well beyond this measure now.

17 posted on 10/08/2008 5:00:52 AM PDT by palmer (Some third party malcontents don't like Palin because she is a true conservative)
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