[rohry]

Market WrapUp is delivered...

[STONEWALLS]

"The Fed cut interest rates 11 times, bringing interest rates down to the lowest level in half a century. Instead of inflating the stock market bubble, Easy Al created three new bubbles in the mortgage, consumption, and real estate market. The rate cuts failed to resurrect the bubble in stocks."

.....if 11 rate cuts didn't so the trick, why on earth would Wall Street think a 12th cut would be magicial....this looks like another shot of the hair of the dog to me.

As always thanks Rohry, and good luck to everybody!

Stonewalls