Intraday Market Thoughts

Archived IMT (2010.02.04)

by Ashraf Laidi
Feb 4, 2010 20:46

Ashrafs interview on April 2007 telling an astonished Becky Quick (CNBC) that expected the Fed to begin cutting rates as early as June 2007. At the time (in April 07), about 50% of the market expected the Fed to RAISE rates or do nothing that year. The Fed ended up CUTTING rates in August 2007. And the interview tells it all.


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