photo by Joep R.
Quote for the day:
"We will be buying back on value shares later today since we don't want to get slapped on both sides of the face...selling more than we should and failing to catch up when the market recaptures momentum," said a Japanese fund manager.
In the news:
The fed cuts rates .75%. It was the largest cut since 1982 and the first time since Sept. 17, 2001, that the Fed had changed rates outside of a regular meeting.
Asian stock markets were down sharply for the second day in a row. Sphere: Related Content
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