You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Interest Rates Are Not Falling.
- Thread starter Aaron Copland
- Start date
Quote from article:
"The banks insist they are well capitalised, with enough liquidity to tide them through..."
I'd like to run that quote past Cramer.
New prop on his show "Hide the register"
He could "hide the register" in Al Capones vault. This would make good tv.
------------------------------------------
Update:
The Mystery of Al Capone's Vault was a one-time live American television special broadcast in syndication in April 1986 hosted by Geraldo Rivera. The program was centered around the opening of a secret vault once owned by noted gangster Al Capone. The program is now perhaps best-known for the vault being ultimately empty except for debris.
"The banks insist they are well capitalised, with enough liquidity to tide them through..."
I'd like to run that quote past Cramer.
New prop on his show "Hide the register"
He could "hide the register" in Al Capones vault. This would make good tv.
------------------------------------------
Update:
The Mystery of Al Capone's Vault was a one-time live American television special broadcast in syndication in April 1986 hosted by Geraldo Rivera. The program was centered around the opening of a secret vault once owned by noted gangster Al Capone. The program is now perhaps best-known for the vault being ultimately empty except for debris.
Perhaps paper is pricing in a recovering economy and knows the fed will raise them back up once it gets moving and they don't want to be stuck in long term loans that are only paying what the future rate will be once the rates are hiked back up or maybe even less. In 2004 the target rate got down to 1 or 1.25 if you recall yet 30 year mortgages never fell under 5.
Quote from Aaron Copland:
Fed has cut three %. The average 30 year mortage down .40% Great job your friggen fed fags.
The rate you can get for you cash sure dropped fast though. The goverment encourages debt, and discourages saving what a fucked up policy.
That's why Feds cut rates so you take that cash horde and start investing wisely in different asset classes like real estate and stocks. If you have not seen this before you are too young perhaps. This is an age old practice used by Feds to stimulate economy nothing new being going on for the last 80 years in this country.
Quote from Aaron Copland:
Thats tax payer money to, the wall street greedy bastards must be shakeing in their lofers thinking everytime they here Obama is leading in the polls.
I hope he wins and runs these crooks out of the US.
Its NOT free money its borrowed at Fed fund rates.
Just like anybody else you pay for it. Its a great tool to facilitate liquidity like a great big pawn shop.
Quote from Aaron Copland:
Why did the fud cut so much, rates for consumers have not come down, some have gone up. Markets are forward looking why in the hell are interest rates not dropping.
Rates for CDs and other consertive means for saving sure came down.
Rates on adjustable mortgages, credit cards, lines of credit, checking and savings accounts CDs all have come down. Fixed mortgage rates have nothing to do with Feds rate cuts they are governed by Ten year Treasury yields (symbol TNX).