This is still very far from over......mark my words
I'm not a financial wiz - but it does seem like a knee jerk reaction to the fed lowering its rate - and only to institutions - it wont filter down to Joe Average and as far as I can see its the 'sub prime' borrowing that is the issue.
wow
european markets took QUITE a jump
heavy shit
didn't see that one coming to be quite honest
i mean..who could forsee the fed decreasing the discount rate today
nice
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