The end of ZIRP/NIRP era

1. Liz Ann Sonders‏Verified account@LizAnnSonders 7h7 hours ago
   
   
   
   The end of the ZIRP/NIRP era @MoodysInvSvc @SoberLook
   
   

 

It's the end of the ZIRP as we know it...

 

Schwab Research‏Verified account@SchwabResearch 3h3 hours ago




Schwab Market Update: Stocks slip amid festering geopolitical uncertainty despite upbeat factory orders report http://www.schwab.com/public/schwab/resource_center/expert_insight/markets_economy/schwab_market_update…

 

Nope this is the new paradigm ~1% fed funds rate and new all time highs in stocks every other week

Dow 40k baby

 

Hold on there cowboy! 40K? On what timeframe? That's gonna' be a huge stair-step up!

 

People using crystal balls often get glass in their hands...ain't nothing certain, and I wouldn't call 3% rates at the Fed a huge tightening. Raise em 3% overnight and shock the system, might just be a healthy reality check after the painful hangover.

 

Zirpy over as we're in a magical environment, lol.

 

doesn't matter because there's money on the sidelines! so much money on the sidelines just waiting to push the dow to 100,000

we are truly living in a golden age

 

Try to remember what it all felt like in February 2016.

In hindsight, Feb 2016 was Oct 1998.

 

I remember the crash of '87...I was an intern at a financial planning firm...my boss was throwing things at the wall and in tears...she was a mess. I called my broker (another firm) to sell half my mutual fund shares that day...it took a long time to actually talk to someone. I was called the following day and told my order never went through the day of the crash, but did execute a day late...at a better price though...crazy times!