Markets have barely moved off of highs, so no real pressure... yet. As soon as there is, the Fed will be cuttin', pumpin', jawin'... same old, same old.
Notice the title of this thread and the title of the bloomberg article on the site "Central Bankers Signal Won't Cut Rates on Market Drop." Bernanke isn't telling investors to not expect a rate cut bail out. As of today, 86% chance of a mid-year Fed cut .
As long as Halliburton doesn't go through the floor something tells me the White House doesn't care much for the small investor Got any kids they can send to Iraq?
Bush looks bad enough as is...having the country go into recession because of this catalyst would just be the cherry on top of it all...
02-21-07 04:35 PM Quote from Covertibility: When your done losing money trying to short the market, go buy yourself a good history book. Ummm. Remember "A Fish called Wanda" when Cleese is being held out the window by his feet and it's along way down. Apologize. Yes, apologize.