Wednesday, October 8, 2008
at last some honesty
"This better work. This is the last chance," said Saut. And Derrick said that if the markets don't respond well to the rate cuts, it may prove that the only solution for the crisis is time...a truly scary thought. "There is fear of the unknown. Earnings are not going to be good. It's hard to see another positive catalyst in the short-term," he said.