Fed Makes Emergency 0.75% Rate Cut
I know this is a technology focused blog, but this is an extraordinary financial event. The Fed doesn't just "do" this. The message this sends is "Holy crap people mellow out."
A shock to the credit markets like this can have a strong impact as evidenced read through the article where it talks about how the European markets regained their losses after hearing of the Fed's move.
Anyways, back to our regularly scheduled content.
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