Jeff says - possible rate change period of somewhere around the weekend of April 12th which is Easter Sunday...
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Jeff says - possible rate change period of somewhere around the weekend of April 12th which is Easter Sunday...
by Ponee Wed Mar 25, 2020 9:05 pm
Jeff
...the whole rate change itself is about a 4-week process...the reason why we saw the country of Iraq shut down their financial markets is because they did start the rate change process that week. Again it's a process. It's not just an overnight flip of a switch. They actually started the rate change last week - which is roughly week 1...we're now in week 2 so we have about two more weeks. That would take us to a possible rate change period of somewhere around the weekend of April 12th which is Easter Sunday...
03.25.2020
...the whole rate change itself is about a 4-week process...the reason why we saw the country of Iraq shut down their financial markets is because they did start the rate change process that week. Again it's a process. It's not just an overnight flip of a switch. They actually started the rate change last week - which is roughly week 1...we're now in week 2 so we have about two more weeks. That would take us to a possible rate change period of somewhere around the weekend of April 12th which is Easter Sunday...
03.25.2020
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