basically the FED shot it's wad in one swoop. they shot
everything they got at it, all their cannons. It's analogous
to lighting all your fireworks off at once. They are out of
bullets.
honestly I think the market would have been better if they had
done nothing because it's creating panic
Posted by kevindeng0727 on 15th of Mar 2020 at 07:28 pm
The market priced in high probability of cutting 100 bps on
March 18 meeting based on CBOE market watch tool lol... Don't know
why those dudes can't even wait 3 more days....
They are doing everything wrong. They should have waited for the
meeting but couldn't wait. It smells of panic which is exactly what
the market didn't need. Such amateurs.
basically the FED shot it's
Federal Reserve Cuts Rates to Zero and Launches Massive $700B ...
Posted by matt on 15th of Mar 2020 at 06:46 pm
basically the FED shot it's wad in one swoop. they shot everything they got at it, all their cannons. It's analogous to lighting all your fireworks off at once. They are out of bullets.
honestly I think the market would have been better if they had done nothing because it's creating panic
You're probably right about your
Posted by gdsachs on 15th of Mar 2020 at 08:20 pm
You're probably right about your last point. Panic city. If this doesn't work, I think they have one last bullet left: buying stocks.
The problem is overseas ,
Posted by highroller on 15th of Mar 2020 at 08:07 pm
The problem is overseas , DB almost folded last week but Germany coughed up some change. More repo till it won't.
https://www.armstrongeconomics.com/world-news/central-banks/fed-announcement-speaking-in-tongues/
The market priced in high
Posted by kevindeng0727 on 15th of Mar 2020 at 07:28 pm
The market priced in high probability of cutting 100 bps on March 18 meeting based on CBOE market watch tool lol... Don't know why those dudes can't even wait 3 more days....
They are doing everything wrong.
Posted by tgo5043 on 16th of Mar 2020 at 07:42 am
They are doing everything wrong. They should have waited for the meeting but couldn't wait. It smells of panic which is exactly what the market didn't need. Such amateurs.
next it will be Aliens....It
Posted by law6 on 16th of Mar 2020 at 09:02 am
next it will be Aliens....It seems the markets are more interested in the "curve" of new cases slowing vs stimulus as a reason to bounce.