Substantive Additional Action

Bernanke hands the market another carrot along with enough trash talk about the economy to keep you wondering why he hasn't already cut rates.

The market's response, at least so far, has been tepid at best. (Where's the love?) Have the bears not been shorting this market as much as they have in the past? I do wonder.

With a 50 basis point cut or more coming soon and whatever the crackpots in Washington can come up with the stop the blood flow, the market should be acting much better than this.