Now that the currency traders have weighed in on the Fed Cut, perhaps a rate cut is not the salve many are hoping / begging for.
With Oil breaking $80 today, and Gold scoring higher, the question before the house is as follows: What are the repercussions of more rate cuts? If the Fed does take rates down to 4.25%, or even 4.0%, what happens to the following:
-US Dollar, Euro, Yen
-Real Estate (global)
-US Equity Markets
-Soft commodities (Wheat, Corn, etc.)
Two articles might be relevant in coloring your discussions:
What say ye?
please steer clear of politics and ad hominem attacks . . . PLAY NICE