A bad weekend and a volatile week ahead
- JPMorgan to Buy Bear Stearns for $2 a Share
- Fed cut rate by another 25bps and Fed fund future now predicts a 100bp cut by Tuesday.
- And in the coming week:
- Fed meeting tomorrow.
- Triple Witch moves to Thursday because of "Good Friday"
- IMM roll date on Wednesday
- New Credit Indices coming out on Thursday as well
Very interesting time to watch ...