55 times in a row the fed has put up excuses not to raise rates the last 5-6 years... The only thing the fed can do is give us negative interest rates and that's whats going to happen.....
I agree on this one. They said they will start raising, maybe they will a little, as soon as markets start tanking FED will initiate negative interest rate policy, which will either backfire straightaway or that will create a huge asset bubble.
As soon as the markets start collapsing ANY rate hike that they push forward will immediately be taken back, that's why I think by even the year 2020 rates will still be at 0%, THEY CANNOT RAISE RATES, they might make you believe they are going to but its all lies lies and more lies.....the market will eventually dictate the forth coming fed funds rate move...and the fed will have ZERO control over it...
I'm short the ftse! It went to my target and then recovered...but i forgot to put my limit order in grrr...might have to leave the position over the weekend
Yeah, it's disgusting. As others have mentioned we already have a de-facto "NIRP". A few loons on another thread actually believe that we are below 2% inflation and/or in deflation with our current ZIRP. Truth be told, they'd be hard pressed to prove that in aggregate there is anything less than 5+% inflation in the economy...After all if we are in such a low inflation environment, why the rallying cry to DOUBLE the minimum wage.
In that case why would you ever short stocks, because why would anyone sell their stocks for zero yielding cash?
In the UK they are masking effects of real CPI with tax credits, that bump up low wages, why are they low? Cause actual inflation is substantially higher than the official one. Remove tax credits and people will soon wake up to the actual inflation.