% | $
Quotes you view appear here for quick access.

Philip Morris International, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • vwdiesel10 vwdiesel10 Jun 7, 2012 11:24 AM Flag

    China cuts rates..down rallies......

    If China cut rates it is because hard landing was imminent. They are reversal 4 interest rate hikes because they cannot spur growth fast enough to overcome the slowdown. I would not be 100% happy over this-- it is an acknowledgement that things are a lot worse there than previously assumed. If anything, I would not be surprise if this created zero additional growth but merely put the brakes on the slowdown. How much damage has already been done?

99.21+1.88(+1.93%)3:48 PMEDT