Quote:
Originally Posted by ColdNoMore
Which currently, is having the exact opposite effect...as intended. 
A lot of folks are obviously thinking, "Gee, if the FED just lowered rates in an emergency move, maybe things are even worse...than we thought."
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50 basis points is a huge cut. The 10 year Treasury is below 1 percent yield and the stock market is down sharply. Hard to believe that there still was a tweet demanding more easing.