Fed Raises Discount Rate

Discussion in 'Wall St. News' started by EricP, Feb 18, 2010.

  1. pspr

    pspr

    You're looking in the rear view mirror! :cool:
     
    #41     Feb 18, 2010
  2. No, it's not, as the most cursory review of history would demonstrate.

    Rates go up in sinking economies, robust economies and flat economies.
     
    #42     Feb 18, 2010
  3. E-mini S&P 500 (Dollar) Mar 10 1094.25 -11.25

    DIE! DIE! DIE!

    :D

    i am just a tiny bit net short, but i am excited to see the market moving event like that for the expiration day.

    but -1% is really nothing
     
    #43     Feb 18, 2010
  4. Johno

    Johno

    Exactly!

    On another note, if I had the task of reducing the economy to a sustainable level then I would be using every tool at my disposal in whatever way, no matter how unconventional, that was appropriate to achieve my macro goal (step by step reduction rather than uncontrolable and fatally destructive rollercoaster ride down) whilst camaflageing my true intentions as effectively as possible. Therefore don't take anything for granted, it's always time to rely on accurate observation, business sense and experience as, "the only rule is there is no reliable rule." This time is no different!

    Net short with hedges as required, is my preferred approach at this time!

    Regards

    Johno
     
    #44     Feb 18, 2010
  5. Such a small increase to the <b>discount</b> rate means very little to the actual economy.
     
    #45     Feb 19, 2010