Oil up to $59. Up $2.00+ Yessss can't wait to pay $4.00 this summer for a gallon of gas...$42 was a gift that should have lasted a few years but with greed and speculation on wallstreet oil is headed to $90+ by end of 2015....consumers will be using all their.savings to pay for higher gas and energy prices..... Oil to $65 in may $70 June $80 by end of summer $90-$100 by early 2016....
Less than 1 hour everything will change once the fed gets together to calm the markets and that awesome gdp number Oil surging again....this is going to be great...the consumer makes up about 70% of GDP....with oil prices surging again the next gdp number might come in negative ....time for more QE...come on yellen and friends ...show your next magic trick...
ALL CALENDAR REFERENCES REMOVED I TOLD YOU THE FED BOWS TO WALLSTREET ITS FUCKING ABSOLUTELY. PATHETIC AND SHALLOW HOW THIS MARKET AND FED HAVE BECOME FUCKING FOOLS.....THE fed has lost all control and is completely worthless at this point with no exit plan.....the market needs to wake up and realize this....its over....they lost....removing all calendar references tells you the fed has no clue what they are doing and that rates aren't going up for years .....
See how the fed bows to wallstreet ...more dovish talk to keep everything calm...markets almost green from a triple digit drop
It is utter bollocks, I agree. Low interest rate is supposed to influence GDP, not shrink it. I also see easing to be a continuous event to keep ball rolling.
They ain't gonna raise rates, for a long long time. They will keep re adjusting the metrics, just like they have been doing for the past 18 months.
The market is on the edge of going down sharply and it definitely needs the tender caring from the FED. The remaining two days are particularly important.