Another 3/4 point Cut?

No that's not a typo.  The market is expecting another 3/4 point rate cut.  The fed must follow masters..err markets order. 

 

http://www.cnbc.com/id/22804604

Late Tuesday, the futures were pricing in a 90% chance of a half-point cut and a 60% chance of a three-quarter point cut next week.

 

"The Fed is very, very, very worried," said John Tierney, an analyst at Deutsche Bank in New York.