The Fed Panics

Kind of getting the feeling that a three quarters of a point rate cut might wind up panicking the markets, rather than calming them.

Comments

Jesus. Well, now is a good time to buy!

Posted by Anonymous | January 22, 2008 9:40 AM

Larry Kudlow thinks they did the exact correct thing.

The market opened almost 500 points down and now it is around 90 points down.

Let's see how the day ends.

Posted by Carolina | January 22, 2008 11:33 AM