[Freedom_Is_Not_Free]

But Larry Kudlow PROMISED ME that a 50bp rate cut would be good for the dollar... Dunce.

[bruinbirdman]

"Kudlow PROMISED ME that a 50bp rate cut would be good for the dollar..."

Result of rate cut won't be felt for months. Meanwhile, traders are sending $ down, or, put another way, other currencies up.

Some think a low $ is a good deal. Exports will certainly increase. Lower rates make Kudlow's bond holding go up immediately.

yitbos