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one_muggle
ParticipantI totally agree, this type of comment is extremely sexist and embarassing to Piggington’s.
I, the wife, am the one that has been ultra-conservation about buying in the current market.Don’t get upset sweetie, just calm down and be quiet (tongue-in-cheek AND ducking)
Seriously, this is foolishness. One female colleague of mine has been investing in RE for about 20yrs. She can buy&sell most of us now and only works for fun. Somehow I doubt she was overly emotional during her business dealings. Another (female) relative is on wallstreet and handles bond issues for multi-billion corporate ventures–like starting new semiconductor plants in Vietnam. I do recall her being emotional just after the birth of her first son, and throwing a hysterical fit when we couldn’t locate her husband during 9/11–so I guess that is emotional. But cross her in business and she’ll set your stones in a vice. I won’t even play Monopoly with her. ;^)
-one muggle
ParticipantI totally agree, this type of comment is extremely sexist and embarassing to Piggington’s.
I, the wife, am the one that has been ultra-conservation about buying in the current market.Don’t get upset sweetie, just calm down and be quiet (tongue-in-cheek AND ducking)
Seriously, this is foolishness. One female colleague of mine has been investing in RE for about 20yrs. She can buy&sell most of us now and only works for fun. Somehow I doubt she was overly emotional during her business dealings. Another (female) relative is on wallstreet and handles bond issues for multi-billion corporate ventures–like starting new semiconductor plants in Vietnam. I do recall her being emotional just after the birth of her first son, and throwing a hysterical fit when we couldn’t locate her husband during 9/11–so I guess that is emotional. But cross her in business and she’ll set your stones in a vice. I won’t even play Monopoly with her. ;^)
-one muggle
ParticipantHope you’ve brought your passport!
It just dawned on me. THEY have trapped us here by now requiring passports to go to Canada and Mexico, are taking or devaluing all our money, and soon will be giving our wives to famous Hollywood stars like Sylvester Stallone and Bart Simpson.
Hold on, what is that black helicopter doing on my lawn?-one muggle
ParticipantHope you’ve brought your passport!
It just dawned on me. THEY have trapped us here by now requiring passports to go to Canada and Mexico, are taking or devaluing all our money, and soon will be giving our wives to famous Hollywood stars like Sylvester Stallone and Bart Simpson.
Hold on, what is that black helicopter doing on my lawn?-one muggle
ParticipantHope you’ve brought your passport!
It just dawned on me. THEY have trapped us here by now requiring passports to go to Canada and Mexico, are taking or devaluing all our money, and soon will be giving our wives to famous Hollywood stars like Sylvester Stallone and Bart Simpson.
Hold on, what is that black helicopter doing on my lawn?-one muggle
ParticipantLOL!
The last one would have been more funny if it was “As seen by Zillow”WIWTK How’d they get a picture of my house!
-one muggle
ParticipantLOL!
The last one would have been more funny if it was “As seen by Zillow”WIWTK How’d they get a picture of my house!
-one muggle
ParticipantLOL!
The last one would have been more funny if it was “As seen by Zillow”WIWTK How’d they get a picture of my house!
-one muggle
Participantyeah radelow, what do you put the odds for Monday if today’s Fed actions result in a DOWN market?
BTW I’m giving my financial friends a call over the weekend to get their story. Funny, but I haven’t been able to get a call into them in the past week or so. I hear they are kind of busy 8^@
-one muggle
Participantyeah radelow, what do you put the odds for Monday if today’s Fed actions result in a DOWN market?
BTW I’m giving my financial friends a call over the weekend to get their story. Funny, but I haven’t been able to get a call into them in the past week or so. I hear they are kind of busy 8^@
-one muggle
Participantyeah radelow, what do you put the odds for Monday if today’s Fed actions result in a DOWN market?
BTW I’m giving my financial friends a call over the weekend to get their story. Funny, but I haven’t been able to get a call into them in the past week or so. I hear they are kind of busy 8^@
-one muggle
ParticipantCalamity!
I agree with privatebanker.
From my vantage point the Fed injecting money, which I believe they haven’t done since 9/11, and now dropping the rate after hinting they were still fighting inflation, shows their nerves are rattled.
I think they were worried about runs on banks (and bank-like institutions).Interesting article from a day ago showing that this rate cut was getting more likely: http://calculatedrisk.blogspot.com/2007/08/fed-funds-target-vs-effective-funds.html
Also, see what Poole said a while ago (aka 2 days ago):
“I don’t see any impact as yet on the real economy or on the inflation rate,” he said in an interview in the bank’s boardroom. “Obviously, there could be an impact, but we have to rely on some real evidence.”Barring a “calamity,” there is no need to consider an emergency rate cut, Poole said. His comments were the first by a Fed official since the U.S. central bank joined counterparts in Europe and Asia to inject emergency funds after a surge in money- market rates. The Fed has added $71 billion of reserves in the past five trading days.
This Fed action feels more like a rescue helicopter that, rather than rescue you, drops a few months worth of food and some clothes for winter…
-one muggle
ParticipantCalamity!
I agree with privatebanker.
From my vantage point the Fed injecting money, which I believe they haven’t done since 9/11, and now dropping the rate after hinting they were still fighting inflation, shows their nerves are rattled.
I think they were worried about runs on banks (and bank-like institutions).Interesting article from a day ago showing that this rate cut was getting more likely: http://calculatedrisk.blogspot.com/2007/08/fed-funds-target-vs-effective-funds.html
Also, see what Poole said a while ago (aka 2 days ago):
“I don’t see any impact as yet on the real economy or on the inflation rate,” he said in an interview in the bank’s boardroom. “Obviously, there could be an impact, but we have to rely on some real evidence.”Barring a “calamity,” there is no need to consider an emergency rate cut, Poole said. His comments were the first by a Fed official since the U.S. central bank joined counterparts in Europe and Asia to inject emergency funds after a surge in money- market rates. The Fed has added $71 billion of reserves in the past five trading days.
This Fed action feels more like a rescue helicopter that, rather than rescue you, drops a few months worth of food and some clothes for winter…
-one muggle
ParticipantCalamity!
I agree with privatebanker.
From my vantage point the Fed injecting money, which I believe they haven’t done since 9/11, and now dropping the rate after hinting they were still fighting inflation, shows their nerves are rattled.
I think they were worried about runs on banks (and bank-like institutions).Interesting article from a day ago showing that this rate cut was getting more likely: http://calculatedrisk.blogspot.com/2007/08/fed-funds-target-vs-effective-funds.html
Also, see what Poole said a while ago (aka 2 days ago):
“I don’t see any impact as yet on the real economy or on the inflation rate,” he said in an interview in the bank’s boardroom. “Obviously, there could be an impact, but we have to rely on some real evidence.”Barring a “calamity,” there is no need to consider an emergency rate cut, Poole said. His comments were the first by a Fed official since the U.S. central bank joined counterparts in Europe and Asia to inject emergency funds after a surge in money- market rates. The Fed has added $71 billion of reserves in the past five trading days.
This Fed action feels more like a rescue helicopter that, rather than rescue you, drops a few months worth of food and some clothes for winter…
-one muggle
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