More than 100% measured move, so this bull should still have another leg.
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The Fed Should Go Negative Next Week
To fight a deepening recession, it should take U.S. interest rates below zero for the first time ever.
Fed can block large banks from paying dividends.
High unemployment and rapid disinflation are powerful arguments in favor.
Next week, the Fed should take interest rates at least a quarter percentage point below zero.
President of the Federal Reserve Bank of Minneapolis from 2009 to 2015.
Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
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Cobra wrote:More than 100% measured move, so this bull should still have another leg.
Great call
Thanks.
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