Posts Tagged ‘discount_rate’
Posted by StockRake on September 18, 2007 in Market Comments
Fed Cuts 50 and 50
.50 pt cut in the discount rate and .50 pt cut in the fed funds rate and they said they would act as needed. The most telegraphed big money signal is in effect.
Posted by StockRake on September 15, 2007 in Market Comments
The Most Telegraphed Big Money Signal Ever?
Have investors gone mad? Is there anything to justify a 1700-point rise in the Dow Jones industrial average in just seven weeks? Has the economy improved that dramatically? No, it hasn’t.The real story is that, all along, the economy was a lot stronger than the pundits were telling investors. Reports of the collapse of corporate …
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