Is There Really A Question?

The Fed will be cutting rates in a week and a half. It is what it is. There is no real reason that they shouldn't. If they were going to make a stand, they should have done that two cuts ago.

Goldman Sachs see rates reaching 3% within the next 12 months, which would be 1.5% lower than it currently is. What will this mean.

Continued downward pressure on the dollar.

Higher oil mostly due to the lower dollar.

Even though cutting is trying to give a kick in the pants to the economy to get everything jump started, I think you will continue to see a malaise in housing and business spending.

I think the bull has just run out of gas and no matter how you beat it, it just won't run. But I'm not going bearish either. I have a feeling that the cuts will be enough to avoid the fetal position in the economy and will avoid a recession overall. But don't expect to go anywhere, fast.

My impression. What do you think?