Greetings World...
I thought I d start a blog to keep the world informed of all the happenings on planet Einstein.....
Well today was a crazy day....CPI data came out....above expectations....mmm so that means inflation is creeping up.....together with slower economic growth.....so now what is Benny B thinking....
I personally think a 75 basis point cut followed by a 50 basis point the next week is a bit of an over reaction......but heck who am I to question the Fed!!
Anyways market is pretty flat right now in the majors so lets wait and see what tomorrow brings!!
Cheers for now
Wednesday, February 20, 2008
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