I think the first 10 minutes is going to be a head fake. I'm going to adjust my position assuming a reversal after that.
pathetic FU$king fed....pathetic... .bowing once again and again and again and again to wallstreet...you Fu$king clowns
All this says is the recovery is too weak to risk raising the cost of capital. The flip side is the risk of runaway inflation.....glad I'm not on the Fed.
Fed is clueless....all a game at this point....fed is just keeping wallstreet happy over and over and over again...
This is what I was thinking this morning; if a 25 bp increase in short term rates poses this much of a threat to equities and the economy, what does that say about valuations as a whole?
Whats that? the fed is taking down their previous forecasts of where they thought rates would be going forward in 2017....yep...just as I thought...fed is to weak to raise rates...in the next decade you will be lucky to see rates anywhere near 2% ....anything the fed says is lies
If anything they say is lies, why listen to them? Specifically, why care if they're taking down previous forecasts?
Because it's amazing that every time they have this special plan on raising rates and the time arrives to that moment they should raise they change it completely.... It's the same nonsense over and over again...why the media even pays attention to these fools is amazing.....why CNBC will talk about this day in and day out is beyond me....enough..let the fed keep rates at 0% for the next 176 years and let them be gone