Tuesday, December 16, 2008
A range of 0% to 0.25%?
I guess stocks like the news and the statement but the statement sounded awful. Holy schnikies!
Kudos for continuing to be creative, I guess, but I don't trust the reaction in equities. The debt and currency reactions seem more reliable.
Side note; we are in the middle of the biggest December storm here I can remember. It has been snowing non-stop since 3pm yesterday. We are over a foot here and still snowing.