The need to, but these dumb butts will wait till oil is near $100.00
Fed To Raise Rates At Next Meeting
- Thread starter Roman Candle
- Start date
If they raise rates, they collapse the economy. If they dont raise rates the collapse the economy. No win situation right now. If they keep rates the same...at least they keep the party going a little longer.
Thats comming right up. Oh wait I forgot the exclude everything everyone uses every day silly me.
Raise rates? With mortgage rate stimulus (the most meaningful stimulus going on) being weakened (5.3% avg rate for 30 yr on bankrate) by the rush away from treasuries, I'd be surprised if the Fed didn't announce one last boost to money printing before this is over.
http://www.bloomberg.com/apps/quote?ticker=MTGEFNCL:IND
Yes, the stock markets are higher, but there's a deluge of housing market inventory to clear that will continue to weigh banks and lending down that will directly benefit from mortgage rates back towards 4%.
The inflation we will see has nothing to do with Fed funds rate. It has to do with lack of investment in productivity-raising factors.
They aren't out of the woods yet... I'll change my tune if after 3 months of higher mortgage rates, housing sales are continuing to uptick and the last round of housing liquidations is well towards middle stage. We haven't even started the beginning stage.
http://www.bloomberg.com/apps/quote?ticker=MTGEFNCL:IND
Yes, the stock markets are higher, but there's a deluge of housing market inventory to clear that will continue to weigh banks and lending down that will directly benefit from mortgage rates back towards 4%.
The inflation we will see has nothing to do with Fed funds rate. It has to do with lack of investment in productivity-raising factors.
They aren't out of the woods yet... I'll change my tune if after 3 months of higher mortgage rates, housing sales are continuing to uptick and the last round of housing liquidations is well towards middle stage. We haven't even started the beginning stage.