Greg Valliere Time Quotations

I think that an awful lot of Democrats feel that it's time to throw in the towel, so it's a guess that he will concede today,

You've got a recession in the auto and computer industries, you've got inventories piling up, you've got mediocre consumer spending, you've got a terrible stock market. I think the time to cut rates is now and I think they are in a good position to do it. If the Fed shows tomorrow that they realize this economy needs stimulus, I think it would be a wonderful gift for the stock market.

There's an adage that the Fed cuts or hikes one time too many.