Wednesday, October 8, 2008

What will they create or announce tomorrow?

Let's see:

Friday: House passes Bailout (Market drops)
Monday: $900 billion in the TAFF (big increase) & pay interest on institutions' required reserve deposits (Market drops)
Tuesday: Creation of commercial paper funding facility CPFF & coordinated central bank action to increase in US dollar (Market drops)
Wednesday: Coordinated global interest rate cut (Market drops)

Maybe if they don't announce anything tomorrow, the market will rally?

1 comment:

Chilled said...

I'm taking some firearms training and fattening up the pets in preparation for the inevitable.