ES Journal - 2014

ammo said:
http://www.federalreserve.gov/monetarypolicy/fomcminutes20140319.htm

( excerpt)
Accordingly, the Committee agreed that, beginning in April, it would add to its holdings of agency mortgage-backed securities at a pace of $25 billion per month rather than $30 billion per month, and would add to its holdings of longer-term Treasury securities at a pace of $30 billion per month rather than $35 billion per month.

http://i.imgur.com/7OkfM4C.png
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Quite comical if u ask me. Their play on words is a joke. another 6 months of ! 10bil reduction per eliminates QE. No reason for mkt to bid based on minutes.
 
mastacoli71 said:
Quite comical if u ask me. Their play on words is a joke. another 6 months of ! 10bil reduction per eliminates QE. No reason for mkt to bid based on minutes.
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not an econ guy , one way to think of it, if you could buy 100 shares of ibm @ 100 for a 100 euros,when the eur and dollar are at par,then the stock is at a discount when the $ drops and eur rises so US market rises because the cheap price makes it in demand

http://i.imgur.com/XOYGNSS.png
 
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