Fed's Bullard favors buying $100 billion in assets after November FOMC meeting. Says

Discussion in 'Wall St. News' started by ASusilovic, Oct 21, 2010.

  1. Says Fed is 'not here to ratify what the markets think.'


    From $1000 billion to $500 billion down to $100 billion.

  2. Sees 'weak data, weak job growth.' Says disinflation trend has 'flattened out.'
  3. Fed's Plosser doesn't see deflation as 'significant risk' and sees prospects for 2% inflation next year.

    Deflation and 2 % inflation in one and the same sentence. Is this imbecile, or ?
    :confused: :mad:
  4. S2007S


    Right, who believes that line.

    The market wants $500 Billion and the fed will deliver $500 Billion. $100 billion is probably only good for another 6 months of propping up the economy.
  5. Larson

    Larson Guest

    It must be difficult and confusing to direct the monetary policy of a bankrupt nation. Instead of talking about rates and withdrawing liquidity, they have been reduced to a single mandate, namely "how much" stimulus to inject.
  6. Tsing Tao

    Tsing Tao

    heh, well that sure will be interesting, given that the market still has 1.5trillion priced in.
  7. Market cap :

    "Dream team" market cap: AAPL $282bn + MSFT $218bn + IBM $173bn + GOOG $151bn +JPM $148bn + WFC $137bn + C 119bn + BAC $115bn + INTC $115 bn + GS $81bn


    $1531 bn

    SPY market cap = $81 bn

    Ratio "Dream team market cap" / SPY market cap = 19 !!!!