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Fed's Linguistic Tapering: Fewest FOMC Statement Words Since October
Everyone who thought today's FOMC statement would, like the Fed's own balance sheet, set a new all time high record in verbosity, has lost. At 811 words, today's Fed message was 66 words shorter than the March one, and the "briefest" since October. It appears we may have passed the point of peak Fed complexity, and it is all downhill from here - so first a reduction in the pace of liquidity injections, then the communication. All that's left is the "rigged, manipulated" market.
Of course correlation is not causation but one has to wonder as the Fed uses fewer words to explain its only possible tightening path... then stocks are a little over their skis...
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So they have a plan and are just following it now...
Call it the Sterling plan.
Distraction.
Wake me up when they hit zero.
I was off by exactly 100. I think they read my comment earlier on ZH.
They could have said it with two words.
Belgium bitchez.
Glad I didn't bet a sandwich on this one.
I am claiming moral victory on the pop quiz.
Like Obama, I deserve a mulligan.
That was a big non event....is mr yellen speaking later today?
Remind me again....why did I buy Silver?
That's right...I enjoy pain.
The fed summary in one sentence.
https://www.youtube.com/watch?v=vn_PSJsl0LQ
We can average down when it gets to zero.
Ha! I stopped buying awhle ago. Thank God. I have no intention on selling.
My wife asked me awhile ago....honey..how is our Gold and Silver doing?
In the shithouse, honey!
What's so painful about buying insurance and paying yourself the premium?
The price of the policy keeps going down.
I here you...I am in this for the long haul....but, sometimes it is hard to be on this ride.
Just to keep things in perspective..
Give or take a few cents..
A 1964 quarter would buy a gallon of gasoline in 1964.
Even at suppressed valuation, that same quarter can be traded for enough fed fiat to buy a gallon of gasoline today.
The distortions since early 2011 will eventually be wrung out of the system and it will fetch a lot more.
Hopefully there will be some criminal necks wrung as well.
Peak word count! We're running out of words.
... or horse manure, as the case may be.
BTF811D!
new encrypted currency built upon the random unknowable word-count of FOMC speak---the yellencoin.
Very bullish. Keep buying Bitchez
spot silver is struggling. may be a fire sale in next few months.
I thought they were going to raise interest rates.
Hahahaha.
Peak verbosity?
"The market is not rigged...the market is not rigged..."
DavidC
secret minutes of recent fomc meeting,
urgent memo distributed and discussed:
no more selfies or instagrams with
minorities and this.
mandatory viewing, the "financial" system
if it were petroleum isomerization unit.
BP Texas City Explosion
http://www.youtube.com/watch?v=VCcN4SQkb9A
.
participants advised to keep away from operator
and operations util further notice or complete
annihilation of the plant. emergency personnel
will be sent in first.