Reply to "Dow down 800 points"

Former Member

Baseman posted:
Scaramucchi said barring a rate cut, there is an additional 3,000 points to drop to bring PEs inline with slower EPS growth. The FEDS said this morning they will only cut in event of a pandemic. So they are not looking at the market.

What hedge will be there to inflation if we go into negative interest rate? The FED does not have any place to go

2/28/2011:55 AM

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