if this is how the fed determines policy, its time to sell all US assets
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When will Ben rescue us?
- Thread starter detective
- Start date
if this is how the fed determines policy, its time to sell all US assets
Was it just coincidence in August that the market got to the 1380 level for a retest and "successfully retested" those levels with the Fed coming in supposedly randomly, right? ON an expiration Friday right before index options expired and came out with a 50 bp discount rate cut?
That was pure coincidence right? right?
That was pure coincidence right? right?
Quote from detective:
Was it just coincidence in August that the market got to the 1380 level for a retest and "successfully retested" those levels with the Fed coming in supposedly randomly, right? ON an expiration Friday right before index options expired and came out with a 50 bp discount rate cut?
That was pure coincidence right? right?
you don't get it...
the fed can't save us, they can just delay the inevitable
Like clockwork as soon as it hits a critical chart point:
Fed's Plosser Says a `Weaker' Outlook May Need More Rate Cuts
By Scott Lanman and Craig Torres
Jan. 8 (Bloomberg) -- Federal Reserve Bank of Philadelphia President Charles Plosser said further interest-rate cuts may be needed should the outlook for U.S. economic growth become ``substantially weaker'' than already projected.
``A substantially weaker outlook than expected, particularly if that weakness is projected to be more prolonged than anticipated, may require further adjustments to policy,'' Plosser said in a speech in Gladwyne, Pennsylvania.
Fed's Plosser Says a `Weaker' Outlook May Need More Rate Cuts
By Scott Lanman and Craig Torres
Jan. 8 (Bloomberg) -- Federal Reserve Bank of Philadelphia President Charles Plosser said further interest-rate cuts may be needed should the outlook for U.S. economic growth become ``substantially weaker'' than already projected.
``A substantially weaker outlook than expected, particularly if that weakness is projected to be more prolonged than anticipated, may require further adjustments to policy,'' Plosser said in a speech in Gladwyne, Pennsylvania.
Quote from detective:
First there was the Greenspan Put, now you have the Bernanke Put where it is suicide to be short at any time the indices fall by more than a few percent because there will be a rate cut or Fed intervention impending. There really is no risk when the Fed is your backstop. Why would anyone be short under such circumstances except those who are masochists?
Because the response to the stimulus is getting weaker with each application. Rate cuts won't hold the market up, they just make shorting difficult and push the payoff further out. 5 months and counting so far. What you will be left with is a collapsed dollar, acollapsed stock market and no solution to housing. It is all for nothing, or more accurately, for I Banks balance sheets and portfolios. Institutions need time to unwind onto the propaganda/CNBC believers.
Quote from mokwit:
Like clockwork as soon as it hits a critical chart point:
Fed's Plosser Says a `Weaker' Outlook May Need More Rate Cuts
By Scott Lanman and Craig Torres
Jan. 8 (Bloomberg) -- Federal Reserve Bank of Philadelphia President Charles Plosser said further interest-rate cuts may be needed should the outlook for U.S. economic growth become ``substantially weaker'' than already projected.
``A substantially weaker outlook than expected, particularly if that weakness is projected to be more prolonged than anticipated, may require further adjustments to policy,'' Plosser said in a speech in Gladwyne, Pennsylvania.
The Fed: Philly Fed's Plosser says economy will recover without rate cuts
Plosser hints he'd vote against further rate cuts
Quote from kashirin:
The Fed: Philly Fed's Plosser says economy will recover without rate cuts
Plosser hints he'd vote against further rate cuts
The Fed officials all say one thing and do another. They change their minds based on single data points and have a tendency to hit the panic button (anyone remember Easy Al?). Bernanke has hit the panic button before, don't think he won't wear it out by the time he gets kicked out of his chairman seat.