Moving On
We got the rate cuts that we wanted. I’ve believed this was right but was very willing to settle for 25 basis and 50 on the discount window and thought it was the “obvious” result. I still see it as right and look forward to adding to current positions. I am seeing a high potential for a down one percent day in this week and a move higher from there. If this is right I will be adding to all positions and then we’re just moving on.
