$Nasdaq Composite Index (.IXIC.US)$ I told everybody last we...
$Nasdaq Composite Index (.IXIC.US)$ I told everybody last week that chairman Powell's going to come out this week and cut rates and I stand by what I said you're going to probably see a quarter point cut in the next 24 hours from Federal reserve
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ToTheGalaxy : What is the impact of this potential rate cut
10baggerbamm OP : it depends on how much chairman Powell does I think he should do no more than a quarter point so 25 basis points rate cut if he does 50 the market will get slammed because everybody will now believe and understand he's way behind the eight ball and he's going to try to have to stimulate it to prevent a severe recession and a hard landing
Ha5htron : lol