no more room to cut. too much inflation fear. the FED isn't propping up this market any more. Fundamentals are going to have to do it on their own.
Cutting rates would cause the market to go lower. We're beyond the point where cutting is a good idea (we've been beyond it for a while now but Benny boy hasn't noticed).
i'll take the other side of that stock. cutting rates would not be a smart move now, they need to keep some powder dry for the fall.