from King World News
On the heels of an emergency Fed 1/2 point rate cut, gold soars $50 while the Dow plunges 600, but here is the big surprise.
March 3 (King World News) – Sven Henrich: “The Fed has lost all credibility. Whatever was left of it anyways.
February: The economy is strong. There’s no reason to cut.
In one week stocks drop 15%: Here’s a 50b rate cut.