Quote:
Originally Posted by wouwou
quarter point cut, what most poeple expected.
Nothing fancy though
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I prefer backrubs from hot chicks, but appreciate the gesture : )
The significance of the rate cut is the uncertainty of further cuts IMO. Gold jumped at the cut / inflation #'s. KGC / GG up 5-6% as expected.
Gotta love this market tho...$3.25B loss (GM)... and goes up 12% pre rate cut? LOL