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| runner140 | The Fed rate cut.... | ||
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Master Guru
 
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The Fed just cut fed funds 1/2 point and also cut the discount rate 1/2 point. Thats a big cut in light of the 3/4 point cut last week.
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Posted on: 2008/1/30 19:20
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| Notorious | RE:The Fed rate cut.... | ||
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Elite Guru
 
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Cool. So how's the stock market doing today?
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Posted on: 2008/1/30 19:21
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| runner140 | RE:The Fed rate cut.... | ||
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Master Guru
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Quote:
Cool. So how's the stock market doing today? Dow was down 30 before the cut and now is up 70. Gold down, oil up. |
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Posted on: 2008/1/30 19:24
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| Oaklands | RE:The Fed rate cut.... | ||
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Senior Guru
 
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Woo Hoo!! Prime is down to 6% and I recently added to my equity line. My bank said they were giving me prime minus .25% I will like the 5.75% money.
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Posted on: 2008/1/31 3:19
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