Rate cut is not the solution to prevent the down fall

This is true that rate cut is not the solution for the markets. U S Federal has announced the rate cut yesterday upto 1.5%. Inspite of rate cut U S Markets were traded cautiously. The confidence in markets are very less we have to wait and see if there are some more financial institutions getting into trouble. Asian markets recovered today. But the rate cut and injecting the funds in the market around the world some what will help to markets. But it will take time to come results and it gives some confidence to investors in the market operations. November crude-oil futures fell by 56 cents and settled at $ 88.39 per barrel. Now markets are expecting that government need to buy banks which are in troubles. Today is a holiday for Indian Stock Exchanges. But the clear picture U S Federal and Reserve bank rate cut effects will come in the scene tomorrow only. (thebullishtrends)