No, rate cut won't work next time, people will know it's a hoax and the situation has become unstable.
Uhhhhh... I'd love to be a loan officer selling you a house or a car loan since you believe cutting rates is a hoax.
Those "suckers" as you call them have made a hell of a lot since the rate cut the biggest suckers were the shorts
Haha, nice one . No, I agree cutting rates will of course have impact on the economy in the long run, but it will 1) not affect immediate mortgage rates and 2) will not have the same euphoric effect on the indexes it had last time. The only signal it will send is that the Fed underestimated the problem and might still underestimate it. The higher the cut the bigger the signal. Ursa..
Ha ha market not so tired anymore huh look at that huuuuuuuuuuuuge bullish hammer on the indexes http://www.fxwords.com/b/bullish-hammer-candlestick.html