November 01, 2007
I don't care about the Fed...
Yes, I know the Fed cut the funds and the discount rate. Yes, this cut was already factored in and for the most part bonds have been moving in the opposite direction. No, I don't care about it other than to tell you unequivocally that when oil goes above $100/bbl, you'll know who to thank.
Posted by mcblogger at November 1, 2007 09:29 AM
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