The FOMC has no spine.

Discussion in 'Trading' started by Rickshaw Man, Jun 16, 2021.

  1. I will be very surprised if they say anything negative. They should signal a rise in rates. Inflation is something you don't want to let out of the bottle. The last few FOMC chairs were complete sellouts. I expect nothing different from the current clown.

    I will certainly be blown away if Powell talks tough, but I seriously doubt it.
     
  2. The FOMC is showing its spine by keep rates low in the face of surprises in inflation prints. Whether they are right or wrong is a different story.
     
    kmiklas likes this.
  3. They are always wrong...printing money is theft period
     
    Pricechange, comagnum and SunTrader like this.
  4. SunTrader

    SunTrader

    Yep and to think Greenie, Bernie and JayP are Republicans. Just as clueless Yeltsin err I mean Yellen at least is a Democrat. But when it comes to power R or D all the same.
     
    Money Trust likes this.
  5. Don't worry folks stock indexes will close green. Fear not.
     
  6. If by a slim chance we close red are sell-off for a few days, don't worry the FOMC will start jawboning to get it back up. You really can't lose in this rigged market.
     
    RedDuke likes this.
  7. Yellen is a democRat!
     
  8. RedDuke

    RedDuke

    if not today then tomorrow :D
     
  9. SunTrader

    SunTrader

    Tomorrow likely will drop after today's late day bounce.
     
  10. kmiklas

    kmiklas

    What measures of inflation do they look at?
     
    #10     Jun 16, 2021