Raising rates equals recession. It will not happen, unless forced to by inflationary pressures or tanking dollar. Oh nearly forgot a normalized economy......Christ - did i really say that. The weakness in world economies was again highlighted by a 3rd downgrade this year by the clueless IMF brigade. The FED controls everything - until it can't. It has bred too many enemies. $
Don't go buying any shares in Chimerix yet CMRX Nasdaq
If the dow keeps going like it is I may have to do something I wasn't going to do and sell again tomorrow,I bought some yesterday and my last lot today,I was going to leave it all in until the results or just before if a lot of good news came out sooner.
Elephant in the room in my opinion is the debt market should interest rates rise - which they have to, but which central banks now daren't let happen unless they want to blow up the markets and expose the true weakness of the economy and the underlying inflation, which despite rising prices, doesn't exist in this 'deflationary' manipulated environment......at least jobs are being reported correctly....
FOMC statement as expected. The treat of interest rates boosts the flagging dollar, and now talking it down. Stocks tumble, earnings fall short, will be more talk of further QE. Masters of manipulation, “It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford.
Granny Janet was chosen for a reason. Not for her voice or height. :)
shorties getting bbq in the morning granny ain't tSing rates just yet yawn 77 looks good to me tomorrow eh DZ? Pts I hope you did not go short into the Fed? Lol gl all LLOY holders a good day tomorrow fingers crossed
dz maybe just maybe. If so they are mugs the dos is already up over 40 pts and Janet will no doubt tell the mkt at 7.15 the the Fed won't tighten tills next year which of course we know already seeing more shorts getting toasted tomorrow morning. Why do these morons do it time and time again ? Sure beats me LLOY has turned the corner you probably have more success shorting oil stocks or supermarkets gl
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