Investing Adventures - Latest Comments in Fed Cuts Federal Funds Futures Rate by 75 Basis Points, Discount Rate by 50 Basis Points

Re: Fed Cuts Federal Funds Futures Rate by 75 Basis Points, Discount Rate by 50 Basis Points

Jorge — Thu, 20 Mar 2008 11:47:36 -0000

OS,

I was disappointed Tuesday but wasn't surprised Wednesday. Fed's putting themselves in a small corner if you ask me. I hope they keep interest rates this low for about a year though so that my wife and I can purchase a house at a decent price/rate!

Leon,

FedEx just reported this morning and while revenue was up, they've guided down which leads me to believe that they're seeing the US in a slowdown.

Disclaimer: My father works for FDX.

Re: Fed Cuts Federal Funds Futures Rate by 75 Basis Points, Discount Rate by 50 Basis Points

Leon — Wed, 19 Mar 2008 01:40:53 -0000

Seems like the American economy is only getting worse with no sign of a turn around for years to come in the value of the dollar.

Re: Fed Cuts Federal Funds Futures Rate by 75 Basis Points, Discount Rate by 50 Basis Points

Options Strategery — Tue, 18 Mar 2008 18:53:06 -0000

Market seems to be less disappointed than I expected. $SPX is only down 15.