GOIH Capital Markets: We see the Fed cuttting Feds Funds rate in an emergency meeting.

GOIH Capital Markets: We see the Fed cutting the Feds Funds rate in an emergency meeting. We think today's jobs number reinforced our position that we are in a sectorized recession, i.e., housing and the financial sectors. We earlier explained the multiplier effect created by the housing sectors and how it affects the entire economy.

Today's job numbers confirms that the consumer is losing jobs, and without a job there will be no spending, implying businesses will not manufacture goods, and the spiral effect snowballs.