50 pt cut and more? - by fitz aclan
Alert!
New post by Fitz Aclan at Yehey! Finance :) there is a link at the side bar so you can click on that to go directly to Master Chairman's article :)
Excerpt:
New post by Fitz Aclan at Yehey! Finance :) there is a link at the side bar so you can click on that to go directly to Master Chairman's article :)
Excerpt:
"With Fed move, the repercussions to the various financial markets are as follows:1.) Equities: Stocks to go up in the near term. This is a given since interest rate movements (particularly key policy changes) are inversely correlated to equities. You can see this in the fact that the Dow Jones quickly reacted to the rate cut with a 300 point up move. But then it is still possible that we might see some volatility in the near term as the Subprime fallout is still not over." - Fitz Aclan at Yehey! Finance
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