O.P.
This problem definitely has a solution, but just like in life, nobody here is going to just give it away. Once YOU find the best solution that fits your needs you will will be much more satisfied. Everyone's situation in life is a bit different. For many, simply hanging it up would be...
Amen brother, so what will you be buying today. Forced once again out of savings mode into risk mode to just keep treading water so my worthless neighbors can borrow more to go on vacation.
Up is down, down is up. If anyone ever tells you money doesn't grow on trees just laugh at them...
All we need to know now is how much the next rate cut is going to be.
You DO KNOW THAT THERE WILL BE ANOTHER don't you. As of right now I have little to no faith in the US fed and Bernanke has lost a bunch of credibility in my eyes.
Right now there is such a "let them eat cake" mentality...
I disagree, people do what's in their best interest, and spending is the path of least resistance and has been for years. This country was built upon immigrants that saved only to give their wealth up to the next generations that have seen the advantages of deficit spending (debt). Hmmmm...
There is not even a need for increased rates, let alone decreased rates. The problem is that the Fed is now in a reactionary stance, something they stated they would wait on the data for. Well, we have an unemployment rate of all 4.6% and now we're in a recession (that's the current thought...
It looks to me no matter what Bernanke is set to disappoint.
Bulls will not get enough of a cut to make them happy.
Bears can't be confident that there will be any end to the cuts.
Reignite inflation so you can start to do battle with it again big Ben. Don't ever let another business go...
Yep, we got to get the savings rate up in the US, but we're going to cut interest rates in order to do it.
All eyes next week to see the markets react to the whole 25bps cut we're going to get.
Leaving next week to start house hunting in Florida myself.
There are starting to be some good buys down there. Sounds to me that someone got a little overextended on their payments and the increase in property taxes is taking its toll.
Welcome to the world of real estate!
Good Luck!
Money to the successful trader is a renewable resource as long as you still have a little to start again.
Trading isn't all about being correct as many times as you can, it's about risk management as well. This is a point the overall market is learning about and looks like many here on ET...
If a rate cut before the meeting = Bernake is a panicked greenhorn
We got our data point which confirms the Fed's next move, .25 down.
I think you will lose betting on cut before the meeting as well as anything more than .25bps. Now the question is going to be how many cuts we will get in...
Being an "early adopter" is expensive.
And yes, in the world of marketing, there is a targeted subset of consumers labeled "early adopters" (marketing jargon) and they are targeted for higher prices.
Early adopters usually like parading around with useless gadgets and exclaiming, "Look at...
Consumer still alive and well, today's SSS
GM unit sales up on strong truck/SUV sales
Gold pushing 700
No major storm threat to GM infrastructure to materialize yet
Oil surging higher
Not a good case to be short the black goo right now
Oh almost forgot, Good Ole Ben is...
I quote, "Nearly EVERY DISTIRCT reported AT LEAST moderate increases in employment."
"Wage increases moderate or steady."
Where's the case that the economy is contracting enough for a cut?
Good Luck!
Beige book = if you have good credit, there's plenty of money out there for you.
If your credit is shit, have to keep working to pay off that debt.
No need for cuts at this time.
Good Luck!
can't lose?
If it's showing some weakness, will be good because cuts are a comin'. If it's strong will be good because profits are going to be "solid".
I am by no means bearish, but this type of bull isn't one that I am buying with two fists. Too much unrealistic expectations being...
How about a slowing economy to the point the Fed has to cut rates? Retest recent lows to confirm/find bottom?
I think anyone calling this market either way right now is kidding themselves. I was as bullish as you could be until about a week ago (didn't think that cuts were needed and really...
GM auto sales up well above expectations....
Cut looking less likely to me, but who knows, got to bail the idiots out I suppose. Subsidize Detroit and make the stupidest of the stupid in real estate whole again, go, go, go, go....
Good Luck!
What's up with all the new faces on CNBC these days?
Barely could stand Becky now they've added some more irritating idiots.
What's with that Trish chick? Shocking!
Watch Squawkbox and then retreat to my office to work. CNBC during the day is worthless.
Good Luck!
Cramer was getting out of hand and she basically told him to fuck off.
Made for a good uncomfortable moment on camera.
If you need the video, you might try Youtube, I hear they have loads of them over there.
Good Luck!