The market looked really good yesterday and this
morning - and SUDDENLY ..........
Didn't have anything to do with Israel or Columbia-U
or Ukraine - somebody must have leaked that the Fed
is not gonna cut the prime rate. DOW down 570 at the
moment, NASDAQ down 325. S&P down 80.
Alas inflation HAS gone up the past month or so - and
as such a CUT in the rate is unlikely. Might even be
a slight boost. "Inflation/COL" is a BIGGIE in turning
people against Joe and the Dems, so the Fed will go as
stupid as needed in order to (attempt) control.