19 replies to this topic

[ogm]

TIA.

[BigBadBear]

I think they cut at next meeting 50-75 basis points. Kudlow is on in 15min so I'll hear what his republican pals have wispered to him.

Edited by BigBadBear, 30 August 2007 - 03:45 PM.

[DraggdOut]

You forgot the "Who the #$&! cares?" option

[danzman]

Does anyone follow Fed Fund futures? Those guys price it right 90%+ of the time.



Here's what will happen:



September: 25 basis point cut

November: 25 basis point cut

December: 25 basis point cut


Don't guess, follow what real money is saying

http://www.tfc-chart...com/chart/FF/C7

D

[ogm]

Does anyone follow Fed Fund futures? Those guys price it right 90%+ of the time.

This isn't about the futures... this is about sentiment and expectations

[risktaker]

I think they cut at next meeting 50-75 basis points. Kudlow is on in 15min so I'll hear what his republican pals have wispered to him.

Sigh... I thought you are Bernanke, his speech writer or heard some very juicy bullish insider information.

Edited by risktaker, 30 August 2007 - 05:12 PM.

[Tor]

If he doesn't then we are all seriously F*$%%D! deflationary spiral.

[IYB]

This one's a no brainer....

[toni]

I guess I don't have a brain. I don't know what the Fed will do. I hope not cut rates. The people engaging in this behavier that has caused this mess deserves to lose a lot of money. For the Fed to bail these sharpies out would be an outrage. toni

[pdx5]

The sub-prime fiasco, the ensuing credit bubble, the bond ratings subterfuse, etc all are DIRECT RESULTS of Greenspans rate cuts. If Bernanke has half an ounce of brain, he will not repeat Greenspin's blunders. Also, greenspan could get away from the rate cuts because US$ was relatively speaking stronger than it is now. Further cuts will seriously erode the already sinking dollar and that is guaranteed to spike inflation. Has any economy ever prospered by adding fiat credit and bubble liquidity? I am not aware of any. It always ends very ugly. So, I am looking for just a token cut in 2007, just to soothe the frazzled nerves of the financial markets. The ARM's resets will take place as scheduled regardless of what Fed does. And even a small increase in rate adjustment will doom a lot of overextended homeowners. There is no magic solution to over-borrowing. It always ends badly. p.s. I am still long in my trading account and if rate cut is announced it will give me an exit point out of longs.