This morning, I’ll be guest hosting Morning Call on CNBC, from 11:00am to 12 noon.
On today’s agenda:
– The unholy trinity: Slowing Economy, Credit Crunch, Financial woes
– Yesterday’s emergency FED cut, and today’s opening drop, leads us to ask: Is the Fed a Paper Tiger?
– Recession: How deep and long? When to increase US Equity exposure?
The Dow is down 236 at the open, helping to answer the question we posed yesterday — was the surprise cut a waste of ammo?