Fed cut
Fed cuts 50bp, should we buy gold or homebuilders? Steven Roach says “burst the bubble”, W.D Gann says buy gold
Thursday, January 31st, 2008” The DJ Transportation Average has led the overall market in the decline since last fall”
Charles Schwab
By a 9-to-1 vote, the Fed cut its target for the federal funds rate half a point to 3%. Adding fuel to the fire, they even boosted expectations for more rate cuts down the road. The market rally […]