Monday, November 19, 2007

idiot on the Floor of the NYSE

Where do some of these guys get Jobs...

"well, the fed has to respond to the additional volatility in the market."

"it's obvious that things of become significantly worse, and the fed has to ease."

OK, nothing has changed since the fed cut. Nothing.

Infact the jobs numbers have gotten better... so Why would the Fed cut??? what has become worse, besides the S&P?

You also could argue that, they need to tighten, to respond to the Dollar risk. and that what few bullets they have, need to be held to stop the credit market from tightning.

Of course fuck it, we could become the new Carry trade. and Peso.

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