Fed announcement today....wonder what they will say.....hmmmm....rate hike coming next month? Yea I highly doubt it.....they will find anything not to raise next month...even though last year at this time they mentioned 4 rate hikes by end of 2016....not one single rate hike this entire year....pathetic fools. They will use any excuse to keep rates at historical lows and keep markets propped up in the this fairy tale of a market....if Trump wins next week the market will tank and the fed will make sure not to ruin anyone's Christmas and keep rates where they are now......
Black Every Day?
- Thread starter nitro
- Start date
65% after statement...I'm thinking less than 40% and after the market starts to dip that 40% will become less than 20%....rinse and repeat.
It doesn't have to be cloudy and dark...
and, There's a Blue sky with your name on it -- And the Sun shines, and it gots your name on it
Nitro walks alone...he was the only man properly positioned in his portfolio...he tried to warn others for years with his fair market value model...but no one listened...in the end...he was the only survivor...Nitro walks alone...
Certainly, perhaps more than anything else economics plays a critical role in politics. But I think this is a stretch. In fact, I would blame 85% on fiscal policy and the blatant incompetency of Washington:
'Fool's' monetary policy helped create Donald Trump, says ex-Fed president Fisher
Jeff Cox | @JeffCoxCNBCcom
1 Hour AgoCNBC.com
157COMMENTSJoin the Discussion
Katie Kramer | CNBC
Richard Fisher
Unconventional monetary policy that has squeezed the middle class helps explain Donald Trump's improbable political journey, according to former Dallas Fed President Richard Fisher.
Looking at the current political situation causes Fisher to "weep for my country," the ex-central bank official said last week in a speech to the Urban Land Institute's fall conference. A transcript of the remarks was included Thursday in a note from Doug Kass of Seabreeze Partners Management, but the speech has seen little if any exposure otherwise. (Kass is mentioned favorably in the speech for predicting a "generational low" in bond yields.)
Fisher confirmed to CNBC that he made the comments.
The speech covers a gamut of historical and fictional figures from Winston Churchill to Eva Peron to Homer Simpson in describing the despair that has arisen from monetary policy that "every banker, insurer, long term investor and business operator I know thinks ... is becoming a fool's game."
"Small wonder that we have ended up at a political crossroad, with a choice for the presidency between a candidate who advocates having government distribute still more to ease the pain and another arguing to provide relief by changing gears entirely, though we know not how, when or where." -Richard Fisher, former Dallas Fed President Fisher argued in the past that low rates and money-printing were distorting market values and severely hurting savers, but the Fed has kept the pedal floored on easy monetary policy since the financial crisis....
http://www.cnbc.com/2016/11/03/fool...dallas-fed-president-richard-fisher-says.html
'Fool's' monetary policy helped create Donald Trump, says ex-Fed president Fisher
Jeff Cox | @JeffCoxCNBCcom
1 Hour AgoCNBC.com
157COMMENTSJoin the Discussion
Katie Kramer | CNBC
Richard Fisher
Unconventional monetary policy that has squeezed the middle class helps explain Donald Trump's improbable political journey, according to former Dallas Fed President Richard Fisher.
Looking at the current political situation causes Fisher to "weep for my country," the ex-central bank official said last week in a speech to the Urban Land Institute's fall conference. A transcript of the remarks was included Thursday in a note from Doug Kass of Seabreeze Partners Management, but the speech has seen little if any exposure otherwise. (Kass is mentioned favorably in the speech for predicting a "generational low" in bond yields.)
Fisher confirmed to CNBC that he made the comments.
The speech covers a gamut of historical and fictional figures from Winston Churchill to Eva Peron to Homer Simpson in describing the despair that has arisen from monetary policy that "every banker, insurer, long term investor and business operator I know thinks ... is becoming a fool's game."
"Small wonder that we have ended up at a political crossroad, with a choice for the presidency between a candidate who advocates having government distribute still more to ease the pain and another arguing to provide relief by changing gears entirely, though we know not how, when or where." -Richard Fisher, former Dallas Fed President Fisher argued in the past that low rates and money-printing were distorting market values and severely hurting savers, but the Fed has kept the pedal floored on easy monetary policy since the financial crisis....
http://www.cnbc.com/2016/11/03/fool...dallas-fed-president-richard-fisher-says.html
He didn't mention that the fools monetary policy created another asset bubble and unicorn companies along with over priced skyrocketing rents and healthcare. Increased food cost and services to the public....nope....this market and economy is one big Fu$king over priced bubble thats going to collapse soon.
Certainly, perhaps more than anything else economics plays a critical role in politics. But I think this is a stretch. In fact, I would blame 85% on fiscal policy and the blatant incompetency of Washington:
'Fool's' monetary policy helped create Donald Trump, says ex-Fed president Fisher
Jeff Cox | @JeffCoxCNBCcom
1 Hour AgoCNBC.com
157COMMENTSJoin the Discussion
Katie Kramer | CNBC
Richard Fisher
Unconventional monetary policy that has squeezed the middle class helps explain Donald Trump's improbable political journey, according to former Dallas Fed President Richard Fisher.
Looking at the current political situation causes Fisher to "weep for my country," the ex-central bank official said last week in a speech to the Urban Land Institute's fall conference. A transcript of the remarks was included Thursday in a note from Doug Kass of Seabreeze Partners Management, but the speech has seen little if any exposure otherwise. (Kass is mentioned favorably in the speech for predicting a "generational low" in bond yields.)
Fisher confirmed to CNBC that he made the comments.
The speech covers a gamut of historical and fictional figures from Winston Churchill to Eva Peron to Homer Simpson in describing the despair that has arisen from monetary policy that "every banker, insurer, long term investor and business operator I know thinks ... is becoming a fool's game."
"Small wonder that we have ended up at a political crossroad, with a choice for the presidency between a candidate who advocates having government distribute still more to ease the pain and another arguing to provide relief by changing gears entirely, though we know not how, when or where." -Richard Fisher, former Dallas Fed President Fisher argued in the past that low rates and money-printing were distorting market values and severely hurting savers, but the Fed has kept the pedal floored on easy monetary policy since the financial crisis....
http://www.cnbc.com/2016/11/03/fool...dallas-fed-president-richard-fisher-says.html
S$P down 8 days in a row.....too bad it wasn't a 12% sell off.....bulls are extremely lucky once again as the last 8 down days have been nothing crazy....even though volatility has skyrocketed stocks aren't showing much downside at all......
I think it's this election .....healthcare and biotechs have been selling off for weeks with anticipation of a Clinton win....but if Trump wins get ready for a nice clean selloff of at least 10%....but I'm sure there will be a 3-4% relief rally if Clinton takes it....should be an interesting Wednesday next week for the markets..
I think it's this election .....healthcare and biotechs have been selling off for weeks with anticipation of a Clinton win....but if Trump wins get ready for a nice clean selloff of at least 10%....but I'm sure there will be a 3-4% relief rally if Clinton takes it....should be an interesting Wednesday next week for the markets..