[dirtboy]

I don't know how much good this will do. The Fed is currently structured to fight inflation - but IMO we are in a deflationary cycle - and rate cuts in such a cycle are akin to attempting to push a rope.

[RipSawyer]

Am I dreaming or didn't we just hear some official report about how the economy is improving (of course I didn't believe it) and now we get a half point rate cut because the economy is so bad. Which is it? Or did I sleep through something?