After listening to the talking heads it seems like we will get agressive cuts for first half of this year. Lets hope. Agressive interest rate cuts should bolster Financial shares. Maybe we have seen the lows pertaining to Banks?
Tito indicated that the MPC may meet NEXT month to consider data that was not available by yesterdays meeting. Sounds like another cut to me if they meet in March. Tito also expressly said that in his opinion, rates were too high at this point in time. Here's hoping.