Are you paying attention? The Feds today woke me up with this message:
The Federal Reserve, confronted with a global stock sell-off fanned by increased fears of a recession, cut a key interest rate by three-quarters of a percentage point on Tuesday. The Fed said it was cutting the federal funds rate, the interest that banks charge each other on overnight loans, to 3.5 percent, down by three-fourths of a percentage point from 4.25 percent
This is a drastic move that shows the seriousness of what the world is going through right now. This is the largest 1-time move in history. Yesterday the world had a huge sell off in stocks, while the USA markets were closed. So be prepared for things to happen.
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