Rate cuts and what they mean to the rest of us

No, I haven’t got a multi paged analyses lined up, I’ll leave that to Mark and others like him who can put it much much better than I can.

OTOH, here’s a couple of quotes for the day:

A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain.

- Mark Twain (attributed)

OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February.

- Mark Twain, Pudd’nhead Wilson’s Calendar

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