Normal
I'm surprised nobody has been talking about his today. Anyway this seems like the appropriate thread.The euphoria surrounding the cut in the discount rate doesn't seem to have had the effect on sentiment in credit markets the Fed had hoped for. So if not, why the euphoria? Is it time then for the Bernanke put?
I'm surprised nobody has been talking about his today. Anyway this seems like the appropriate thread.
The euphoria surrounding the cut in the discount rate doesn't seem to have had the effect on sentiment in credit markets the Fed had hoped for. So if not, why the euphoria? Is it time then for the Bernanke put?
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