I mentioned this before....central banks are cutting rates left and right...at least 1-2 central banks every month are cutting rates..Korea just cut rates last week...everyone needs to pay attention to this as it shows how weak global markets are and how every central bank is following in the footsteps of what the fed is doing her in the US.....the world is now addicted to cheap rates and worthless money....all central banks will bring rates down to 0%....and guess what happens after 0%? Negative rates...everyone is saying this isn't possible ..well the only way out of the next crisis will be Negative interest rates and that's where yellen and friends are headed...do you actually believe they are going to raise rates...this economy can't handle even a 1% fed fund rate....and if they were to raise rates to 1%-2% by 2017 one simple recession would knock rates right back to 0%...that's why the fed has zero credibility ....the entire world will be in a Zero interest rate environment with plenty of stimulus to go around....the fed has gotten this completely wrong....but this will only be shown when the next crisis comes...
They aren't going by anything ...they just want to keep bowing to wallstreet ...her statement was just more wasted ideas of what to expect....there is nothing to expect...I hope they are so behind the curve that rates have to go to 3% in 3-6 months....the markets are going to take control before she even has the chance to...so tired of this nonsense ...we need a fucking hawk controlling the fed...
I suggest you research Canadian interest rate policy, it might teach you something new. S2007S seems to be oblivious to this, even though almost every year I post about the two interest rate hikes in 2010. In fact, Canada in 2010 lays out a very similar situation to the US in 2015. So don't be surprised if some hikes occur this fall.
Not my take. Most analysts in Canada and the US have been saying for almost a year now that the first US rate hike would occur in the fall or soon after. Nothing about that has changed, even the fed itself still projects minor hikes coming. So there you have it. I guess 0.25% rise this fall. S2007S says no US hikes in 2015, tradingjournals says no US hikes for 10-30 years ( yes, he posted that ). We'll see then by end of year, it really doesn't impact me because our government already raised rates 4 years ago and has room to go either way now ( and I've heard analysts suggest both directions in Canada ).
Insiders know a Greek deal will happen this weekend. That just adds to the end of month, end of quarter jam up.....FREE MONEY $$$$$$$$$$$$$$$$$$$$
What to do with this free money, it's nice to have experience and no pretty much how markets will trade.
Maybe. I think they will let them go though, managed default. Greece isn't that important, not as important as Italy, Spain are when they hit some sort of liquidity problem.
Now sideways for 6 hours, thanks for playing have a nice day. Headed out for a game of golf, Ive put in a hard thirty minutes of work..SO EASY MAKING FREE MONEY $$$$