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Fed
The Feed keeps feeding the bubble. Looks like expectations for a
rate hike now slipping to December. I remember when it was going to
be in June.
You may have seen the Fed is in trouble regarding possibly
criminal leaks, and ignoring Congress' deadline for providing
information. Because they're above the law or something. One
journalist who asked tough questions about this at a previous Fed
meeting couldn't attend this weeks meeting (banned?), so he asked
his fellow journalists to press the issue. Did they? Of course not.
You can see his trail of tweets here before the meeting,
culminating in, "Yellen ends press conference. No questions
on criminal investigation into Fed information breach."
zerohedge.com/ne...ailure
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Yeah, most pundits were in the June camp. I continue to
think first quarter of 2016.
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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06/18/15 at 10:06 AM CDT
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I continue to think the first rate hike will be six months from
now. As in, always six months from "now".
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Author:
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Jester
Debunker
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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06/18/15 at 10:19 AM CDT
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Jester,
As usual, you're right that when we get to 'there', every
prediction or intention is never what was said. I saw Yellen's
press conference on the Fed meeting, and she winked (or was that
'blinked'?) so many times with caveats, ifs, buts, contingencies,
etc. that she looked like she was having an epileptic fit. As with
most things, this kind of disinformation is not worth much. It may
be that the 'show' is kept alive until she leaves office. One of
the caveats, IIRC, was when the inflation goal of 2% was there or
close to it. Given the anemic signs of inflation pressure, how long
before we're 'there'?
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Author:
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Jam
ok
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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06/18/15 at 1:59 PM CDT
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