My libor source is down...
anyone with a good source for overnight and 3 month libor... Let me know
Look at the Peso/Dollar taking a beating
From 1.465 to 1.479.... and falling
it shows how the dollar could fall off a cliff.
I think the rest of the world is convinced that the fed has to cut rates to protect equities....
My opinion is that.... The only thing the fed will do, is make sure that liquidity is maintained in an emergency.... This craziness, is going to take a beating.
The idea that the fed has to protect your portfolio, is silly. Childish to be honest.
Doesn't' mean they wont' do it
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