And with all this talk about how great the job market is and how GDP growth is coming back why are we still floating rates at .25%. What is yellen and friends expecting... By now rates should have been between 4-5%...that would have given the fed room to move on any downside risk in economic...
Just as I thought ...instead of 4 rate hikes for 2016 now Only 2
And just 2 rate hikes for 2017
Instead of a 1.4% upper level rate for the end of 2016 it now sits at 0.9%
And for 2017 a 1.9%
A cut of a 1/2 percentage point off each
I told you the fed will always and forever bow down to...
Getting ready for some afternoon volatility....
Fed should keep bowing to wallstreet by giving no rate hike at today's meeting and most likely keep quiet on when the next rate is coming so they don't spook wallstreet and the latest big rally the markets have had...so get ready for at least a 1%...
Ackman's $12 billion Pershing Square Capital Management and Ubben's $14 billion ValueAct Holdings, which invest for large clients including state pension funds, are two of Valeant's largest investors with directors on its board.
State pension funds....yep just invest that pension fund money...
The fed is done surprising...if they were real and didn't care about market moves rates would be back to 4.5-5% today...they have zero buffer room left with rates being at a pathetic .25%
Wait wait so if the BOJ said that how about instead of waiting at their next meeting to raise them why not just fix it tonight...raise the rates now if they realize they made a mistake... And the ECB just had another party last week with not only further lowering their rates into NEGATIVE...
They should be fearing NEGATIVE INTEREST RATES because it's coming....
If you noticed back in late 2015 when they raised rates by a huge .25 they were going to raise in the March meeting but a downward stock market in early 2016 had them ease back a bit to hold off until June...I didn't know the...
Yep all those smart savers over the last decade have got nothing but a few extra bucks in their account...That's how low savings rates have been and that's where they are going to stay for the next decade...thank you BUBBLE BEN BERNANKE... YELLEN AND FED FRIENDS for making this dream for savers...
http://fortune.com/2016/02/17/valeant-bill-ackman-2/
Ackman reported 21,591,122 shares of common stock on Feb. 5. and 9,120,000 shares of unexercised options to buy more stock at a later point in time, adding up to a 9% stake in Valeant.
Don't know how long you took that loan out for but if you took it out 3 years you would be paying $5000 in interest on that $11,000 loan over 36 months at 26%