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#1
10-17-2007, 07:23 PM
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Join Date: Feb 2005
Location: The Great White North!
Posts: 527
FED Reserve..Do you think rates will drop?
What do you guy's think? Will the Fed reserve drop rates next week a half point, raise em a half point or leave em alone? Why do I care? becasue I just droppped a crap load of cash into T-Bills this morning. Stupid Saudis bought when T-Bills were too high, they are coming down in value due to the inability of the US to pay it's debt. I'm hoping they drop from 110 to 107 that will triple the amount of cash I get back.
If I'm not mistaken the Fed dropped the rate last month by .5% which helped, if it drops again I'll make off like a bandit!!
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#3
10-17-2007, 07:40 PM
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Location: WI
Posts: 1,812
Re: FED Reserve..Do you think rates will drop?
I hope they dont even bother with the Fed rate. Instead I think they will be introducing the Amero, which I am really looking forward to. Then Canada and mexicant can just absorb America's debt.
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#4
10-17-2007, 08:27 PM
Hummer Expert
Join Date: Feb 2005
Location: The Great White North!
Posts: 527
Re: FED Reserve..Do you think rates will drop?
You mean the CHINAMERO~~!!!
I've gambled quite a bit on the market staying the course and or dropping! Now if oil just keeps going up I'll be having a tremendous Christmas!! Jingle Bells everyone!
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#5
10-17-2007, 11:36 PM
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Join Date: Dec 2002
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Re: FED Reserve..Do you think rates will drop?
Betting on 25bps lower.
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