Quote:
Originally Posted by Indy Coug
Is this really a wise move by the Fed?
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I don't know what they know or what they are trying to accomplish. We have this initial run up in the market, but I am wondering why interest rates are rising on the 10 year treasury.
Personally, I wish they wouldn't have cut so much. If we have a couple of hic cups in the next few weeks, IMHO we will slide right back down a few hundred points and people will claim the fed doesn't have any ammo left.
Again I am not saying anyone else should do this, but I am going to stay 50% in cash until we get into October.