Helooooooo
Anybody here ?
Anybody think the Fed will spring a Surprise CUT tomorrow ?
The hysteria is growing over the Corona Virus Threat
US is thinking of banning Chinese travel both ways.
Anybody here ?
Anybody think the Fed will spring a Surprise CUT tomorrow ?
The hysteria is growing over the Corona Virus Threat
US is thinking of banning Chinese travel both ways.
Greetings, Fully.
I don’t think that the Fed will cut rates tomorrow.
Regarding the Chinese Corona Virus, I think that it is very serious.
https://youtu.be/pTWZPGzvJIo
No, need to save a few bullets…
I think that the authorities have plenty of excuses to cut rates if they want to. The lowering of prices of various metals, energy are examples. There are always economic signs to pick and choose from, some of which make the economy look bad. The authorities have excuses to lower rates in all sorts of bad news if they want. I don’t think people would complain too much. However it is the question as noted above of saving a decrease for the future out of fear it might not do much now. I not only don’t know. I don’t even guess what they will do.
I believe I have a fairly good sense about the virus. I know enough to know that there are things that are unclear, and that there is a lot of conflicting misinformation and exaggeration, some undoubtedly intentional. How much counts as “hysterical” will be evident in retrospect only. My inclination is to suspect that the matter is potentially serious. Deleterious effects on economic activity are already present and will increase even if the virus turns out to be an innocent sweet pussycat from this moment on. There are also quite a few other things going on in the world that are potentially disquieting.