Ben is just taking orders from his masters(global creditors and banks). The FED is the master of puppets(wall street)
Avoid fed days, the market is manipulated by the fed and big money and fed days are just crazy. 95% of the market is long.
95% of the people in wall street wants the FED to keep buying it's bonds and stocks at rip off prices.. nobody has 85 billion with nothig to do with it. like msft only people with 40 billion to buy msft stocks is msft. cause most people don't care about buying the bonds. nor has the cash or has better things to with their cash than buying bonds from banks. who want to sell.
FED is 'manipulating' the markets with other people's money. The FED has no freaking money, don't you get it!
people work for their cash. as for the FED it issues cash to buy garbage bonds that nobody wants to buy and pay double what stocks ar worth. with other people's money.
Suddenly, the market has 1 trillion of new cash..wow. where that money come from. or high liquidity. 1 trillion of new money? no it's bogus counterfeit money.
when the economy is good and lots of jobs, and people have money they buy bonds, stocks, real estate and gold and don't hold cash. fed pumping 85 billion/month into the markets with other people's money or money that doesn't exsist using IOU USD Cash is problem. it's balance sheet is like. the market is reflection of the real economy. it's an illusion what the fed is doing and concentrated in only a few stocks and index and ETF.