Wednesday, January 30, 2008

0.25 or 0.50??

About an hour to go, and we'll know.

The bond markets are saying there's better than a 80% chance that it's 0.50

Typically, a cut would help the markets... but 1.25% in a week signals that something is seriously wrong with the economy... and that could give da bears a shot in the arm.

I'm still playing wait-and-see... it should be an interesting afternoon, to say the least.

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