Out of spxs premarket at $18.83...not bad for holding over night after a huge fed rally... Oil tanking today...any further drop below 40 and a continuous drop to low 30s and these markets are in lots of trouble.....
Q1 annualized GDP could be zero: FBR Atlanta But maybe we should raise rates because they're low. lawl
Maybe Yellen should advocate more anti-abortion laws to boost the economy. The republican mind at it again: Sam Brownback: Anti-Choice Laws A Boon For Kansas's Economy Kansas Gov. Sam Brownback is facing a series of bad economic news as a result of his radical economic “experiment”: sluggish job growth, an exploding deficit, credit rating downgrades, inadequate pension and education funding, just to name a few. In fact, budget pressures have become so severe that Brownback recently had to reverse his no-new-taxes pledge. But none of this seems to have bothered Family Research Council President Tony Perkins, who hailed Brownback’s experiment on last weekend’s edition of “Washington Watch,” telling the Republican governor that his anti-abortion rights policies deserve some credit in shaping the state’s (mythical) economic success. Brownback agreed, telling Perkins that his decision to sign around a dozen “pro-life bills” is part of the reason that his state is growing. “What you’re showing in Kansas is that you can have a pro-family agenda and at the same time a pro-economic growth agenda and the two are not — rather than being mutually exclusive, they are entwined with one another,” Perkins gushed. “They really support each other,” Brownback concurred. “One of the problems we have in the country is we’re not forming enough families.” ------ ------
I know you're fixated on the whole republican/democrat thing, and that you need to post your emailed talking points on the forum, but please try to stay on topic and not get this thread thrown into the P+R forum. Thanks!
Six years of "emergency" Fed policy and Q1 annualized GDP could be zero. That means we're not doing enough. We need MOAR QE. It can't possibly be that what we're doing isn't working - it's just that it needs to be bigger gosh darnit! Oh, and "lawl"!
Q1 annualized GDP could be zero??? With this 6 year old bull market up hundreds of percent and historical highs being printed daily that GDP print should be at LEASET 4-5% no questions asked... seems the GDP numbers aren't reflecting where the markets are trading, I wonder why that could be?????? We need more QE maybe, what do you think? Peter Schiff is right again, the fed is going to push another round of QE4 and if they do when all this is done and said the biggest collapse in wall street history will be coming, something worse than the dot com and housing bubble combined..... HMMMMMMMMMMM
The problem with the federal reserve is during these last 6 years of great times they haven't banked any basis points which means if we were to go into a recession in the next 8 hours where could they cut the rates to? 0% ?? thats why if they built up those basis points to say 3% or 5% in the last 3 years by raising them an 1/8 of a point for each month for 36 months, which is extremely slow, we would have fund rates at around 4.5%, now we go into a slowdown, a recession takes place and they have to cut, well its easy to cut rates at 4.5% than at 0% thats why any recession thats coming they will have to go straight to negative rates, and thats what is going to happen, you may think its a crazy idea and not possible but where can the fed go, they are out of everything possible to get this country out of the next collapse, they have no exit plan and never will because all they care about is keeping wall street happy with unlimited 0% interest rates, well that has to end and should have ended many years ago, but with such an addiction to all this free money we now have asset bubbles around the world, everything from over priced art, to car auctions setting records day in and day out, to houses, to rental prices, to private equity and silicon valley, all bubbles everywhere, keep ignoring the fact were in the same situation as we were just some years back and just remember what happened, its going to happen again....fed can't fix the next collapse, because were still in the same crisis were in since the last collapse.
Or maybe because zero interest rates kill savers. This whole moronic ZIRP age is unprecedented and forces people to either (1) lose money (yes, the inflation rate is waaay higher than the 0.003% you get at the bank) or (2) invest more than they normally would into riskier assets (stocks, real estate, junk bonds, etc.). This is especially detrimental for senior citizens. Of course, I wouldn't expect monomaniacal, sub-60 IQ Obamabots to get this.
Yeah, like only sub 60 IQ saw their wealth increase during and partly thanks to QE. I guess you are too smart for your own good.