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?
Wednesday, October 8, 2008
What will they create or announce tomorrow?
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1 comment:
I'm taking some firearms training and fattening up the pets in preparation for the inevitable.
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