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Fed minutes.. good news for the market.


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#1 ogm

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Posted 09 October 2007 - 01:05 PM

Looks like they are ready to cut more.

They downgraded their inflation expectations, and noted the slowing trend in employment. Looks like they are going to cut more just to make sure.


"Take your protein pills and put your helmet on"


Edited by ogm, 09 October 2007 - 01:08 PM.


#2 thespookyone

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Posted 09 October 2007 - 01:10 PM

That was before the employment number revision-old news,a non-semplar. Noting the equity PC, that space capsule is starting to get a bit crowded.

Edited by thespookyone, 09 October 2007 - 01:12 PM.


#3 ogm

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Posted 09 October 2007 - 01:15 PM

That was before the employment number revision-old news,a non-semplar. Noting the equity PC, that space capsule is starting to get a bit crowded.



Its not about that one number, but about weakening trend over the past several numbers.

#4 redfoliage2

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Posted 09 October 2007 - 01:16 PM

That was before the employment number revision-old news,a non-semplar. Noting the equity PC, that space capsule is starting to get a bit crowded.

With market at new highs, no way it will cut. But if market drops 10% from here they will cut. :lol: