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This Is What It Feels Like When A "Non-Voting" Dove Cries (For Moar)
What's the difference between a non-voting and a voting dovish member of the Federal Reserve? About 20 S&P 500 points...
When newly minited voting member Charlie Evans dropped the 'C' Word (catastrophe) last night, Futures exploded northwards in a euphoric exultation of ubder-dovishness...
When newly non-voting member Kocherlakota uttered the followed demands for moar:
- *KOCHERLAKOTA SAYS UNEMPLOYMENT RATE REMAINS ELEVATED
- *KOCHERLAKOTA: INFLATION LAGGING TARGET RISKS FED CREDIBILITY
- *KOCHERLAKOTA SEES `FEW YEARS' FOR INFLATION TO RETURN TO 2%
- *KOCHERLAKOTA: FED STIMULUS INSUFFICIENT TO HIT INFLATION TARGET
- *KOCHERLAKOTA: RATE RISE IN 2015 WOULD RETARD INFLATION RECOVERY
S&P futures - rather sadly - droppped 2 points...
* * *
Oh how far the might have fallen... And then there's this...
- *KOCHERLAKOTA: IF WE HAVE 2% INFLATION WE'LL HAVE MAX EMPLOYMENT
We need some crazy pills.
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Great, let's have a duel. Russian roulette anyone?
We won't be able to get any crazy pills for you Tyler, they're all sold out.
Jew Princess Janet Yellen is looking out for the middle class, just like Jew Bernanke & Jew Greenspan.
And so is Jew Evans, Jew Fisher, Jew Dudley & Jew Plosser.
Kocherlakota is actually Paul Krugman in disguise
How can you just leave me standing?
Alone in a world that's so cold (So cold)
Maybe I'm just too demanding
Maybe I'm just like Greenspan too bold
Maybe you're just like my mother
She's never satisfied (Yellen's never satisfied)
Why do we scream at each other?
This is what it sounds like
When doves cry
if HE just said that yesterday the damage to the upside would be cut in half...
he said retard - lulz
Whatever the Fed does, it's retarded!
The Chinese hit the Goldilocks #'s as usual.
17:30 CNY CPI (MoM) (Dec) 0.3% 0.3% -0.2%
17:30 CNY CPI (YoY) (Dec) 1.5% 1.5% 1.4%
17:30 CNY PPI (YoY) (Dec) -3.3% -3.1% -2.7%
What's the difference between a dove and a tiger?
A tiger roams the streets of Paris.
https://uk.news.yahoo.com/police-hunt-tiger-loose-near-paris-115336464.html