Here comes negative rates!

Only way now is negative rates after the fed once again bows to wallstreet!!!



ECONOMY
Fed cuts rates by half a percentage point to combat coronavirus slowdown
PUBLISHED TUE, MAR 3 202010:00 AM ESTUPDATED MOMENTS AGO



https://www.cnbc.com/2020/03/03/fed...age-point-to-combat-coronavirus-slowdown.html

 

nope.

11am press conference will detail the 'why' of it -- a risk buy-off, driven by CoVID-19. When the dampener is gone, the cut is gone (barring intervening events).


((I am not a FED governor, nor do I have microphones hidden in FED meeting rooms, nor do I have any blackmail with which to threaten any FED governor. But I did serve a *horrid* can of La Choy to a current voting FOMC member and his wife once, "all those years ago," -- it was so bad.... It was SO bad.......))

 

So pathetic, they should have at least waited for regular meeting. Full panic mode

 

Exactly....I was predicting this to happen, that an emergency meeting would take place, just because markets sold. How pathetic

 

All they did was unnecessarily communicate fear.

 

???!!! Why is S&P500 falling close to almost 2% at this moment after a 0.5% fed rate cut??!!!

Fed is in full panic mode. So is the market!

 

And market gave zero fucks and kept plummeting

 

So you two missed the 4.5% rise between Friday's close and Monday's close? Eh?

One-third of the drop in 1 day? Eh?

Panty-up.


((It's 11:30am Eastern Time. What happens every market day, at 11:30am? Anyone? Anyone? Drooler?))

 

Powell is often pictured in a Superman cape.

He's actually a big PUSSY! And Trump's lackey.

 

market disappointed

must have been expecting 1 % cut