Sep 20th 2007

To me it seems the Fed rate cuts are too huge, and all these are just the tip of the iceberg as things will be unraveling in the next few months. Remember when Alan Greenspan had cut the rates back in 2002? The Dow roared and rallied to what Bernanke had did just a day back.

But what happened after the Greenspan era was an almost 30% dip after the rate cuts. We’ll probably see something like this happening again.

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