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Fed Hints It Won't Bail Out Stocks Next Time
Curious why, even as many were expecting at the time, the Fed decided against commenting on the October market swoon? Here is the answer, in the Fed's own words:
... members considered the advantages and disadvantages of adding language to the statement to acknowledge recent developments in financial markets. On the one hand, including a reference would show that the Committee was monitoring financial developments while also providing an opportunity to note that financial conditions remained highly supportive of growth. On the other hand, including a reference risked the possibility of suggesting greater concern on the part of the Committee than was actually the case, perhaps leading to the misimpression that monetary policy was likely to respond to increases in volatility. In the end, the Committee decided not to include such a reference.
In other words, the Fed refused to admit that all its cares about is record high stocks volatility.
And when the Fed says it didn't want to "suggest greater concern on the part of the Committee than was actually the case" regarding a tumbling stock market, that means that Bullard's hint on QE4 the day the DJIA plunged 500 points and the 10 Year flash crashed... never happened right?
Or maybe, just maybe, the humiliated Fed, caught offside by Bullard's verbal faux pas, is actually serious this one time especially considering the FOMC took place after the Bullard bull in a china store jawboning, in which case the one word to focus on in the following most important line:
... the misimpression that monetary policy was likely to respond to increases in volatility...
especially when considering this line:
... the staff report also pointed to asset valuation pressures that were broadening, as well as a loosening of underwriting standards in the speculative corporate debt and CRE markets; it noted the need to closely monitor these developments going forward.
... is "misimpression" as it means the next time Vol surges, the Fed will not be there to save the BTFDers.
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I have to say, if they are trying to impress me, I'm misimpressed.
does the Fed really meet... or is this just a ghost writer?
My member is a little wore out by now.
Translation of the whole thing:
WHAT PART OF QE IS OVER DIDN'T YOU MOOKS GET!?
many entities on wall street have access to money at 0.01%. For them, QE is still very much happening.
Go ahead, loan me a few billion at 0.01% and I guarranty I can pay it back and be profittable too.
Fed also hints at raising rates, and that hasn't happened. The FED is 100% full of shit, only looking out for themselves (the member banks). They could give a shit about the average person they steal from.
Not gonna buy equities? Cuz they'll short the shit out of 'em next downturn and kill the pricing mechanisms..... which is what they do.
uh huh...yeah, right...sure they won't.
And at this point why should any of us care one way or the other what they do or don't do? The damage is done and we don't (shouldn't) play their casino games anymore. Bail them out....don't bail them out. I don't give a fuck anymore. No matter what they do it's all fucked.
Stack phyzz and get on with your lives, folks...fuck the Fed, the Gov, the banksters, and all the other sociopath scumbags.
agreed, they are only saying this so that when they do the market is suprised, to the positive.
Fed actually hints "either buy stock or slowly transfer your cash deposits to banks with ZIRP"....but i guess they are at least giving us the choice. ..the last shread of democracy.
"We don't MONETIZE debt"
~ Ben Shalom Motherfucking counterfeitting [insert ethnicity here] Bernanke
Alcoholics, drug addicts, smokers, and the Fed are alway going to quit tomorrow.
The FED will keep bailing out the banks and Wall Street, or they will raise rates to crush pensioners and retirees and let the banksters rake the sheeple's chips off the table - again.
The FED has a dual mandate: enrich banksters and fleece the people.
"Fed Hints It Won't Bail Out Stocks Next Time"
Yeah... they'll wait until all of their buds who are "in on the fix" stealthily get out ahead of time... then they'll let the rest of the suckers take the plunge.
They could also hint that Yellen doesn't have a cock an balls, but I also don't buy that either.
IF that were true. Players would have front run that down to SPY 1200 BEFORE THE MARKET OPENED.
I call BS but you never know with these fucktards
I think they have done that before....no???
Indeed LawsofPhysics! As long as these big players, market makers and trading houses can still access billions at ZIRP, as long as they can borrow at zero and pay out nearly zero to any depositors, then bankers can levitate markets by playing the spread. As long as markets return over .01%, they can't lose.
Judging by today Tsla and Nflx are not on the staaaawks to save list
As long as the Fed continues ZIRP and accepting drek at its short-term windows, the effect is the same - stagnation or worse for the 99% and enrichment for the elite. Pay no attention to the Fed charter, the Fed operates to maintain a strong class divide and to enhance the wealth and power of the elite. Capitalism? Not so much.
"WHAT PART OF QE IS OVER DIDN'T YOU MOOKS GET!?"
Sorry, Banger, But I very much doubt QE is over. As soon as a crisis begins to take hold there will be bailout, there will be more QE. Every Central bank that started using QE always tells the Public they won't bailout stock or banks anymore, but they always do. I recall many times the Fed changed it story. the most famous is that just after Bear stearns was liquidated Bernanke said there would be absolutely no bailouts. 6 Months later, Bernanke bailed out an ocean after Lehman collapsed.
It likely that the World is heading back into a recession soon in the first half of 2015 (my guess based upon the data I've examined). All of the major banks are still trending water and can't survive another wave of loan defaults, or the massive derivatives that would be triggered by a market correction. The Fed just wants the sheeple to believe that economy is on the mend and that the US dollar is safe and sound because the Fed won't need to print anymore. Japan is on QE-23 with no end in site. As Peter Schiff so elegantly states "Live by QE, Die by QE". QE-Four-ever! (until the dollar dies)
End the Fed.
and return to capitalism? thats a crazy thought. how would the rich get to pillage the bottom 90% in that scenario?
101 years and c..., That is quite a brilliant point, todays rich, many of them, have won their riches not by capitalist enterprise, but by pillage via their government and Fed friends. The markets are the prey, the honest saver and investor is the prey. The devaluation of the dollar for ordinary folks is the price we pay for billions in ZIRP going the the rich.
Frankly, those posters who still defend today's American rich are off base. Were these real capitalists who won their wealth in free markets and free enterprise, then fine! BUT, we all know the corny capitalist game, it has sunk to a Communism Dictatorship of the 1%, they use Soviet tactics to grab all wealth for themselves, and basically rig every aspect of the fake markets, be it stocks or labor, the markets are tilted up so that all money flows to their side of the board. I maintain that provable evidence and fact supports my contention that today's Rich are thieves, not capitalists.
It's a big club............and you ain't in it!
it is too late to do that. It would cause too much trouble.
This is a ploy to gt us to short again so they can fuck us again.
Yup, why else would they have dreamed up short selling if not for the short term support it gives during market downturns and the aid it gives to the big Boyz when they have inventory to distribute at the top? This is just a game, and theByz have five years of inventory to offload.
Sadly, you may just be right! The lure of free markets might tempt people to think trading on fundamentals is back in vouge. I dare say it is not!
SUBPRIME IS CONTAINED
They're discussing "language" and the implications of adding or omitting words for fuck's sake!
How much longer are we subjected to this blatant nonsense. Clearly none of these people are qualified to run a hot dog stand let alone make far reaching financial policies that can impact the health of entire populations.
The curtain needs to be pulled and these idiots need to get thrown into the gutter. They can discuss and deliberate about "language" down by the river and under the bridge.
What does it say about markets when they can be moved with one key word/or lack thereof?
it's a religion
same folks who created the other 3 big religions
The Magi?
Descendants of Egyptian slaves, I think
Catholic, Muslim aaaaaaaaand Kardashianism?
You think Kim K. is careful with words as to not incite violence or confuse her followers? When her butt is your golden calf, I don't think it matters what comes out of her mouth.
It only matters what cums INTO her mouth.
A mindless society caught up in spectacle and nothing of substance.
The level of nihilism ingrained into modern life is so depressing.
"The curtain needs to be pulled and these idiots need to get thrown into the gutter..."
step away from their debt based currency paradigm by moving into the only 2 forms of real money...and then what you ask shall come to pass...
It's all intentional. The jig is up. I really expect a transition away from the banksters controlling everything via the Fed, GS, JPM, etc.
In my view this de-dollarization is very real and that metals exchange in Shanghai is extremely important. When ready they can shift the market to settling trades with actual physical metals present. This is ummmm a big problem to those with derivatives positions holding the prices down. They can also refuse to ship goods to Amerikka if paid in USD or some other bullshit phony money.
Greenscam touting gold and bashing Fed policy? Hmmmm, ya I'm sure that isn't a rat jumping from the ship (sarc).
Fed drops hints maybe they won't suck off the BTFDers. They jawbone end QE which even though we know it is not a literal end to QE it is a political move to at least jawbone the end to QE.
ECB says it might buy gold. Come on guys they are all jumping ship.
USD taking off like a rocket . . . . . . just to set up the sheep for the rug to be pulled out in a reset.
US holding Iraq's hands to get up and functional so it can secure an oil supplier.
If I wasn't such a real big dummy I might think the whole thing is coming down very soon in a big restructuring of the system. Will it be "peaceful" or will a couple PDs get eviscerated to shake things up?
+1. I like what you wrote. Remember that just preceding default (in whatever form that is), the dollar will shoot up. Has to, as it is the reserve currency. Keep that in yer back pocket for when the dollar starts to "show America's economy is booming".
Forgot to mention as well (though I am not one that by default assumes a conspiracy is at play) . . . . . . . . . lotta yapping and barking from ISIS and EBOLA but I don't see a major calamity or maybe I'm just stupid. False flag? Planted as distractions? Test run for something else? Either way I'm personally confident they are not what they appear at face value per se.
Fuck you Bernanke!
Happened to catch a radio show today and the financial reporter was talking about being at the CME conference in Florida. She literally had wet panties because Ben Bernanke was there and was telling everyone how he fixed America. This reporter slut was nearly orgasmic, calling Ben one of the great financial geniuses of our time, she went on to say that the rest of the world is dragging us down but Ben had certainly saved us. No mention of the 4T balance sheet at the Fed or the $18T in debt piled up.
She also praised the "brilliant" traders on hand at the conference. Her voice was a little gargled (I assumed jizm) as she spoke of how fortunate she was. When the host asked if the plight of the elderly attempting to get by on zero interest rates came up, she quickly mentioned they should also buy stawks.
We are fucked
If we don't talk about it, it doesn't exist.....
Why is Bullard so quiet lately? Things are always so much more interesting when he's mouthing off.
He's been tied up in the basement undergoing reeducation. He jumped the gun in Oct. Now that elections are over, they want a market collapse, preferably before the new CONgress is sworn in. That way, their puppets in the MSM can blame Rep's for it, in advance. That will lay the floor for immediate QE4 and big fiscal spending increases.
"...as it means the next time Vol surges, the Fed will not be there to save things."
It'd be a refreshing change if they stayed on the sidelines, but i'd only bet that with house money.
The fact that they discussed it is proof enough that they are doing exactly what they decided NOT to acknowledge doing! Deception and misdirection is all over this. To them, deception and misdrection is STRATEGY!
And not only their strategy, but their duty, deeply felt, that, "When it gets serious, you have to lie."
it's easy for them to say misimpression now, when the market is up. if the s&p goes down 10% they will be singing a different tune and that's a fact.
Stop ruining the story by giving away the ending.
When the market goes down, it will be deemed for economic reasons that money printing can fix.
What the Fed says is just lies and misdirection. The Fed will always intervene to support US markets as that is the major component of US spending and growth. Wage growth is non-existent and so is interest income.
The Fed can always pretend that US stocks levitate on their own while the truth is that there has always been a Fed put eliminating downside risk for many years now.
Well said.
I wonder - if a concerted effort were made, by libertarians and other independents to get, say, the NAACP and La Raza officers to learn about the Federal Reserve System, if this would have any effect.
In principle, Latinos, African Americans, and just about everybody outside the shareholders of the largest international banks should be for abolishing the Fed.
So what if Sharpton et al. were getting people to understand how the Fed is screwing them?
Perhaps an interim step would be making them understand that the Fed gets a guaranteed 6%, likely much more in practice, and that it is not taxed. 'Millionaires' escaping taxes is easier to conceptualize.
Point is, a bunch of white middle class suburban libertarians had our best chance with Ron Paul. To attack the Fed requires, imho, simply getting minorities and urban dwellers to understand what the FRS actually is, and why is it deleterious to their freedom and economic interests.
Appeal to their intellectual side? Let me know how that works out. It's hard to compete with "free" gov handouts.
Better to light a candle...
Exactly right. Seriously, there is only one way out now. Currency('Feral Reserve Note) collapse. It can be slowed a little, by fighting spending increases in CONgress.
What it means is that the Fed promises to be well behind the curve as things start to slide off the table from QE being shut off and taking rates higher (mid-next-year, as promised).
Only in recent times is the Fed ascribed God-like powers of omniscience and omnipotence. Most of my adult life was getting the idea drilled in my head that the fed is always caught flat-footed and late in both directions. But now, all of a sudden, they're going to be early and pro-active? This is my sceptical face.
The oracle of Delphi blathering incoherently in a frenzied state.
These jokers are simply waiting for bad news to come. Then they will blablabla decide to unleash more QE. Communists always do the same thing over and over again until disaster arrives.
And the Oracle at Delphi says: Look to the wooden walls.
stocks need to hurry up and correct a whopping 20% so the fed can print another $4 trillion for jamie and lloyd. they want $10 gas and $20/lb ground chuck. enlisting the bottom 90% into serfdom is their goal.
I thought there was no such thing as "class warfare". That's what I've been told all of my life, anyway.
You mean there IS? I have to sit down. Oh, wait. I am. Whew. That was close.
Whatever. Since 1987, the Fed has been focused on the stock market in an assymetrical manner. They are more than happy to provide excess liquidity for it to go up, even into a massive bubble, for which they take no responsibility when it occurs and then pops. On the other hand, they will not tolerate a decline in the stock market of any magnitude (even from bubble levels) and will act to aggressively counteract that.
If they have changed their policy of the past almost 30 years, I sure haven't noticed.
The end result is that they no longer have the option to pull the liquidity rug from under the addict. There is so much debt and leverage in the system, that the financial market losses and resulting effect on the economy would be untenable to the current powers that be.
What they are probably trying to do is stem the meteoric rise in stock prices of the past 2 years. If it continues at this rate, the bubble becomes obvious to even the most ardent deniars.
Assholes!
They know it's gonna crash and want to get 'on record' that they will not 'do a Bullard' again.
They know that if they sent Bullard out the next time, it won't be enough to stop it.
So they can smugly say they 'warned us', and find something else to pin the blame on.
i like this. Bullard shithead. 1200 spx.
The SPY, QQQ And IWM Needed a rest/ pullback to make new highs on Thanksgiving week, with less longs after the shake down.
I think the bulls will get it, thanks to the Fed minutes.
Stocks, maybe not, but banks and bankers, Hell yeah, already in the works;
https://www.congress.gov/bill/113th-congress/house-bill/5148/all-info
https://twitter.com/WSJmarkets/status/535158371071303681
Check this
Citigroup executive found dead. NY police thinking homicide
You remain the optimist I see. still not even a start in my book.
LOL... they won't speak bullish so the markets start to drop...the selloff has begun in the S&P, Nasdaq, and Dow.
But but but... the TV told me the market doesn't move up and down based on Central Bank actions?!
Bullard get some, GET some...get some, get some, get some!!!
Talking is the problem for the FED. In the old days they didn't talk so when they blew a bubble and it popped, they could claim it was unexpected and no one could have seen it coming. Nowadays there is just too much recorded video of the FED stating things. When the shit hits the fan they will try to say they were grubered but no one will be buying it.
Shouldn't the caption be 'Fed Lies it Won't Bail Out Stocks Next Time'?
When I meet a girl, I usually hint I'm not interested in sex, all while engagin in Kino.
Jesus God, it's all meaningless hokum.
You want to help the economy - the answer was, if we must have QE under the neo-Keynesian, Laws of Thermodynamics Don't Apply to Fiat paradigm we all toil under - low interest loans, in small amounts, relatively [small and micro] to small business and individuals filtered through small and community banks.
You might well have gotten some real return on investment there, and actually helped small biz create some jobs.
Meanwhile - on what fucking theory does Fed intereference in the market, as to rates, make a lick of sense.
If the Fed were a doctor with only a couple drugs in his bag - at this point, if you got ill, would you pay for his medicine?
We all fucking know te game is rigged, that as a function of math - capital plus interest simply means the rich get richer reltive to those with less capital to lend or invest. Fed policies merely assist this process by firehosing fiat in such a way as to allow large banks and billionaires to buy more and more real [realty, PMs] assets at relatively cheaper and cheaper prices.
The question is what to do about it. I don't see anyone seriously talking about tax protests. The libertarian approach seems to be to keep whining about getting raped in the ass while making no real effort to clench the buttcheeks.
count me among the totally misimpressioned - I felt pretty certain that all they did was respond to volatility in the equities markets. If they're going to telegraph a change to that policy, thanks for letting me know in advance, but the past wasn't an instantaneous response to equities volatility? OK! lol!
The Federal Reserve System listens to the monied class, paying more attention to those with the most money.
While most of the time, the wishes of those with the most money are consistent with those who just have some money (or even just a lot of it), every once in a while those at the very peak of the money mountain actually want there to be a collapse in the value of stocks, bonds, real estate (but never "art" and fine jewelry). How else can they acquire more assets at "bargain prices"?
Maybe the next time will be that time.
p.s. fucking Snapchat is valued at like a billion. The app that promised to do what it absolutely never could do!
That is a market that doesn't know what a screen shot is, or anything else about tech. It's a bunch of cunts who majored in econ, maybe went to Wharton, and whose understanding of tech companies is a conversation with a college buddy over a 3 Scotch lunch.
Thanks to those of you who sold your Apple shares, btw... mmmm mmmm crunchy!
I would be you that most of them are not even trained in economics or accounting or finance. I cannot tell you how many people in the industry i have come across over the last 23 years that have NO backgorund in finance/economics in a position of responsibility. Its frightening. They entered the industry not because they were interested in it, but because they were interested in the money soley.
Don't worry. SPY puts would still be on sale when needed!
They don't have to worry about market volatility since they're the ones buying stocks at any price. Duh
Bernanke is at his house in the fetal position on his couch watching Japanese financial news while saying to himself "fuk me, so this printing money shit really doesn't work, I thought people were just saying that...whoops"
Remember when the frog gave the scorpion a ride across the river? "I won't sting you, I promise!" = "We won't pump up stocks any more, we promise!"
The stawks are dead? Huh....well LONG LIVE THE STAWKS then!
Yes it will. The bail out is already priced in.
But by even making that stupid paragraph they DID infact reference it. These guys are fuking reckless.
FED hints it is bankrupt.
First of all I wish. 77:1 ratio of margin to equity. They may as well be bankrupt, their ideology certainly is for all intents and purposes.
.....although our actions have clearly telegraphed a set course of action throughout our history, it is no indicator the same course will continue in the future.......
ok, got it! BTFATH
There is no doubt in my mind that Howdy Doody was a puppet.
Bulltard will be back to open his trap about QE 4 once the market fall 1,000 points.
After that the market surges 2,000 points. We know the game now.
History of Central Banking 101:
EXPAND, EXPAND, EXPAND... CONTRACT.
P < P + I
A freaking Circle Jerk. Just rambling to keep people guessing. Interest Rates never to rise and QE to infinity is all you gotta know until the House of Cards comes tumbling down.
so why isn't this piece of ... aka Bullard in jail now? i bet his friends made zilions on the down side, then he told them to buy before opening his mouth in october. but hey, this is not insider trading right?
La la la la la la la la I can't hear you
said while covering ears with hands
The Fed. CAN'T bail out banksters or stocks ~ the next time~. There will be no "next time".
Inflation will skyrocket from devaluation, and deflation will skyrocket from lack of demand.
the FED has made it clear they will step in at any dip, any suggestion to the contrary is lunacy.
So what just happened two minutes ago???
Another fat finger on the buy?
Another Suicide, with No weapon Found...
http://www.businessinsider.com/citi-banker-shawn-miller-dead-2014-11
I don't believe them. if the markets tank 10, 20, 30% you don't think they'd swoop in and 'restore' stability to the 'economy'.
What is amazing is that goldman doesn't want to short this market. That's where the huge profits lie. Upside is nickles in front of a bulldozer...
i thought their mandate was to provide stability?
You are thinking of the ECB. The Fed has dual and opposite mandates which translates (roughly) to : do whatevah the f8uck you want....
Ha ha! Yeah, just like the bad mother who rewards her child for yet another tantrrum, but promises that there will be no reward NEXT time.
I almost belived them there for a few seconds.
Ha ha! Yeah, just like the bad mother who rewards her child for yet another tantrrum, but promises that there will be no reward NEXT time.
I almost belived them there for a few seconds.
Or the returns have diminished so substancially they know if they do prime the printer for the next crash the Dollar will go the way of the Pound Sterling.
A well known banker once said:
"Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take away from them the power to create money and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money."
The Fed is interested in keeping its slaves, slaves.
QE49er,
Henry Ford once said. Around 1914,
It suits the rulers of these lands. That it bodes well the people of this country know not why, or how their currency is circulated and used for commerce, for if they did, there would be a revolution before tomorrow morning.
And now they know, that we know.
And at this point, an immovable object, meets an irresistible force.
Lets see who wins. Eh?
;-)
Bottom line here...
capacity to do another bailout is limited.
Which I think we all know.
Which means...
avoidance of another "Lehmann moment" at ALL cost...
You can't avoid reality forever, only for a certain space in time, it always it comes around.
Their capacity to bailout is unlimited. Their current channels are exhausted.
this market is NOT GOING DOWN in Holiday season!
Why not? No one will notice until they get there quarterly statement in March.
Quadrillions in QE Will Happen & G20 Prepares Global BAIL-IN Strategy!
http://investmentwatchblog.com/quadrillions-in-qe-will-happen-g20-prepares-global-bail-in-strategy/
The President's Working Group will save us.
/sarc
I broke the code!!!!!
If DOW or S&P (or anything except the Yen or gold really) goes down then (unless someone else like Kuroda does it for them) they will somehow find the extra 'liquidity' to goose it up mucho mas higher. They are coy about their methods but rest assured they can do it. Apparently .001% drops will be tolerated but not if it is quiet news day.
What they are saying is, the dollar is too strong and the bosses are pouting.
So where does everyone think the threshold of pain lies...? 1750? 1500? Everyone has a price (and so do they), so where is it...?
I hope the PINKO COMMIE Bulltards don't get wind of this. They actually might have to start valuing stocks on such archaic measurements as earnings, dividends, top-line revnues, and the balance sheet. Imagine that. Think the markets may have to adjust if the 'FED' withdraws its 'put' under the market?
Read the fedspeak carefully. Of course they won't bail out the stawks, they will instead bail out the banks--again--who will in turn buy the stawks for pennies on the dollar after the crash.
People fail to realize the Fed. can't print any MOAR fiats.(deficite financing~ the surplus is just over .5 $trillion) I see some really stupid posts about the Fed. printing into infinity.
WHAT part of HUNGER and HOMELESS-ness did you miss? Prices are already insane for clothing,fuel, food, insurance, education,healthcare.
What part of the Japanese implosion did you miss? Japan's currency has been devalued (43) handles in just over 2 years!
75.00-118.00.
You children that think it's kool to say markets are going to higher, because it fits the Z/H sarchasm "upvote meter", are completely deluded, and brain~dead.
I frankly do not believe that they will not step in with their many ways of juicing equity share prices. When a real market correction, without the extraordinary Fed guarantee behind it, begins to go south at a rate that rips the fillings out of traders teeth? With the 1% seeing billions a minute ripped off of their portfolios? With MSM Financial talking heads screaming out to America "Does the Fed know what is happening out there? "People are losing their money?"
The President and the Congress, both openly bribed by the 1% and their corporate agents, will be calling the Fed up and reminding them of what can happen to those who fail to follow the New World Order script. "Job Loss" "Loss of Jobs for their Kids" "No more social acceptance at the highest levels of society" "The release to media of NSA files on them" and, if all else fails, the implicit threat of "an accident" "a strange illness" "A tragic running over of one of their kids by a hit and run".
The Markets are now wedded to the Fed, without the Fed they will end up like a 45 year old washed up bag of a wife who stayed at home taking care of kids who finds the Husband who was making 200K a year suddenly walking out to fly to Argentina to live with his new 19 year old dark haired beauty of an Argy girl. The market on it's own is a toothless whore over 50 and down on it's luck. The market is fucked, and only the Fed can levitiate it's dead corpse.
" ... the staff report also pointed to asset valuation pressures that were broadening, as well as a loosening of underwriting standards in the speculative corporate debt and CRE markets; it noted the need to closely monitor these developments going forward."
My comment? "NO shit mother fucker!"
The market valuations are as far from reality as my chances of hooking up with Scralett Johansson tonight!
Let us pretend that these hidden histories are well-shown to the people, at some future 'cleansing'.
http://www.showrealhist.com/yTRIAL.html
http://www.showrealhist.com/RHandRD.html
I suppose that those needing a defense for their deceptions by omission would like the bubbles to have already popped.
The FED will
loan dollars at zero interest to its member banks
for them to buy stocks etc.
Come kick the ball Charlie (shorts) I promise not to pull it up again.
I would rather read a careful, syllable-by-syllable transcription of a sorority girl vomiting into a dumpster.
... "trust not in men .... honor the Gods ..... honor the CARNIA !"
You can choose a ready guide in some celestial voice.
If you choose not to decide, you still have made a choice.
You can choose from phantom fears and kindness that can kill;
I will choose a path that's clear
I will choose freewill.
"We won't bail out stocks like we did last time"
Okay....
and "subprime is contained" I suppose?
If read between the lines, you'll realize that the Fed didn't bail out stocks the last time either. It bailed out its associates, some of whom chose to pour money into stocks. If Fed said: "We're not going to issue any more currency", now that would be totally different.
And what kind of track record do they have anyway? None! They're non-transparent, so behind closed doors they can do whatever they want.
could it be the fed has finally been infiltrated by some who actually give a crap about whats going on? hmmm time will tell but me thinks their ship be sinking quicker then we think.
So Bullard, it hurts.
What this is saying is "OK, we have warned you Muppets...because the big money already has a handle on stock market drop and the HFT will make it happen and they are safe...so most of the money will be safe. But the Muppets money...well that is another question.
What this is saying is "OK, we have warned you Muppets...because the big money already has a handle on stock market drop and the HFT will make it happen and they are safe...so most of the money will be safe. But the Muppets money...well that is another question."