So what did we learn from the Fed decision?

I think it allows all the big boys to get out from under the various unpleasant issues they had to dump before the fall. The real fall.

Oh, and the rest of us get to foot the bill with record inflation on the docket.
 
Quote from piezoe:

My take is that the market will be more bullish and driven up largely by inflation, that the dollar will remain weak to weaker (a highly favorable position for a debtor nation), that the economic picture is worse than we might have thought (essentially paint by numbers rather than a Rembrandt), and that a recession after the 2008 election is now highly likely. Who says the Fed does not care about the stock market?
Fed is scared stiff.
 
Quote from Ivanovich:

I think it allows all the big boys to get out from under the various unpleasant issues they had to dump before the fall. The real fall.

Oh, and the rest of us get to foot the bill with record inflation on the docket.

Right on. The bankers are protecting themselves and feeding the rest of us to the dogs.
 
That this economy is a lot weaker than what most have been saying.



I can remember the last 10 meetings that there was moderate economic growth with plenty of jobs and inflation "kinda" in check. Guess that 50 BP cut just made things a little more interesting, maybe that the economy is already in recession.

This just creates more liquidity and bigger bubbles, get ready for one of the biggest asset bubbles in history.
 
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