Berkeley CSUA MOTD:Entry 47635
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2025/07/09 [General] UID:1000 Activity:popular
7/9     

2007/8/17-20 [Politics] UID:47635 Activity:low
8/17    http://www.cnbc.com/id/15840232?video=473088648&play=1
        Jim Cramer, reacting to 50bp drop in discount rate:
        "We will go to 14,500 by year-end"
        \_ looks like the fed is doing a lot. HALF PERCENT baby
           \_ you know it was to the discount rate, not the fed funds rate.
              the response was to the change in bias, the expectation of a
              discount rate cut soon - the "half percent" was for the unwashed
              masses
           \_ you know it was to the discount rate, not the fed funds
              rate. the response was to the change in bias, the
              expectation of a discount rate cut soon -
              the "half percent" was for the unwashed masses
2025/07/09 [General] UID:1000 Activity:popular
7/9     

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