For posterity

I just wanted to say that we were right. BJ Rowe, Karnes and I forecast that the Fed would be cutting 1 or 2 times by year end. They start the cutting tomorrow.

Has the economy fallen into the crapper? No not yet, and yet they will still be cutting. OK board, you need to call up the people in charge of the US economy and the markets and tell them that what is going on is inconsistant, just like ASAP 2007's forecast.

I had to post it because there are only rare moments in this business where you can say I told you so. Plus no one is reading this anyway.