fed will cut fed funds rate tomorrow

i'm also wondering what those 25 yrs entail.. i imagine mom was a secretary at a broker, so 9 months in the womb and 10 yrs at stock broker daycare don't count. How much can you learn in 15 yrs after daycare is done?

 

FWIW gentleman, The effective funds rate as of friday's closing was 4.75%. Essentially, member banks have already cut rates. The target rate is merely a formality. The decision has been made.

 

Amen! Especially to NO Cramer. What BS that is. If you study Cramer's track record he doesn't beat the street -- not even close! He's nothing but a successful hedge fund manager (kudo's to the guy for that) who's now a sheep herder.

http://online.barrons.com/article/SB118681265755995100.html?mod=mktw

 

Cramer said Fed could cut rates as early as tommorow

 

Must be true then! The market also went up a record amount on Friday just like he said! Cancel his show.

 

Good intel on that one. Thanks for sharing.

 

What do I win?

 

You proved you are sane. That should be enough of a victory.