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The Fed's Message, Simplified: Shortest FOMC Statement Since 2012

Tyler Durden's picture




 

While the Fed is clearly hinting that lower crude inflation doesn't bother it because "recent declines in energy prices have boosted household purchasing power" and is generally more hawkish on the economy and the labor force, the clearest message from the Fed is simple: or so it would like to convey. At 569 this was the shortest FOMC statement since November 2012! Which can only mean one thing: an attempt at renormalization, if only for now.

So what happens next if the relentless USD surge continues with the markets expecting a Fed rate hike? We'll find out soon enough.

 

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Wed, 01/28/2015 - 15:53 | 5717048 nope-1004
nope-1004's picture

Or nearing the end of the bucket of lies?

Wed, 01/28/2015 - 15:55 | 5717064 nuubee
nuubee's picture

I thought it was more like an everlasting gobstopper of lies.

Wed, 01/28/2015 - 16:08 | 5717073 hedgeless_horseman
hedgeless_horseman's picture

 

 

...an attempt at renormalization...

Who are we fucking kidding?

Good luck renormalizing this...

 

I think it would be more likely to renormailize this...

Wed, 01/28/2015 - 16:08 | 5717124 maskone909
maskone909's picture

when she removes her left eye she gives great socket.

Wed, 01/28/2015 - 16:20 | 5717170 SickDollar
SickDollar's picture

yup , this is not a Normal market but a Freak show

 

Wed, 01/28/2015 - 16:25 | 5717189 hedgeless_horseman
hedgeless_horseman's picture

 

 

Starring Mr. Yellen as The Bearded Lady.

Wed, 01/28/2015 - 16:28 | 5717200 HardlyZero
HardlyZero's picture

I'd prefer these communications Tweeted.  Or perhaps a "Ceasar Thumb" sign (sidways...then up or down).

Wed, 01/28/2015 - 17:03 | 5717348 Manthong
Manthong's picture

 “"Considerable time" sentence dropped entirely””

..to be replaced with THIS

Wed, 01/28/2015 - 16:14 | 5717142 Skateboarder
Skateboarder's picture

To a {socio,psycho}path, it's only 4T. A 64-bit computer can count all the way to ~18 quintillion. We gots a long ways to go brotha.

@maskone: I was eating lunch when I read that...

Wed, 01/28/2015 - 16:16 | 5717149 hedgeless_horseman
hedgeless_horseman's picture

 

 

Some things are simply irreversible.

Brother, can you spare a quadrillion?

Wed, 01/28/2015 - 16:32 | 5717206 Skateboarder
Skateboarder's picture

[Federally mandated] Alms for the greedy?

Once upon a time, a bus ride used to cost a "quarter." One day in the future, it will cost a "quadder" (one quadrirrion dorrar), when 128-bit computers are all the rage, and QE happens in the nonillions (10^27).

Wed, 01/28/2015 - 15:57 | 5717076 Pool Shark
Pool Shark's picture

 

 

I expect the shortest Fed statement to occur right after the next financial crisis strikes and the Ponzi collapses.

It will read: "Sorry, we were wrong. You're screwed."

 

Wed, 01/28/2015 - 16:07 | 5717107 nope-1004
nope-1004's picture

 

 

A sociopath would write something slightly different:

Sorry, you were wrong.  You're screwed.  C ya!

lol

Wed, 01/28/2015 - 22:04 | 5718497 cynicalskeptic
cynicalskeptic's picture

You really expect an apology?

 

more like - "Nothing left to steal - we're outta here..."

Wed, 01/28/2015 - 15:58 | 5717071 wmbz
wmbz's picture

Well with everything on the right track, strong jobs and all, there really is no need to be to wordy!

When you have a strong hand on the helm it's always good!

Wed, 01/28/2015 - 16:06 | 5717074 maskone909
maskone909's picture

all those jobs fresh of the fucking printer and crude inventories way up- inflation way down and crude way down.  everything this q-tip head/cunt of a tranny yellen says is a complete contradiction of their "data"

edit

as i type this the 10y and 30y are close to equalizing.  that means they will pay you nearly the same to hold dollars for ten years as for 30 years.  what the flying fuck is that all about?

Wed, 01/28/2015 - 16:12 | 5717140 Bell's 2 hearted
Bell's 2 hearted's picture

close to inverting ... hhmm, wonder if that is good ...

Wed, 01/28/2015 - 15:58 | 5717078 Chupacabra-322
Chupacabra-322's picture

Copy & Paste and begin educating others. For starters "We" collectively must begin starving the Beast. Peaceful Non Compliance / Non Participation into the Criminal Fraud UNITED STATES, CORP. INC. System of Debt Bondage & Enslavement.

UNITED STATES OF AMERICA, INC.
Non-profit Delaware Corporation
Incorporation Date: 4/19/89
File No. 2193946

The corporation is registered in the state of Delaware.
STOP CONSENTING (Black's Laws Dictionary) either by Silence or Contracting with the Criminal Fraud.

-Stop paying Taxes.
-Stop buying their GMO Poison. Fast foods, sodas, Sucralose etc...
-Take your $ out of the Criminal TBTFBANKSTERS CIA drug money laundering Banks & transfer it to your Local Credit Union,
-Buy Local.
-Stop Voting or revoke your voters registration cards.
-Stay out of their Criminal Fraud Maritime / Admiralty Courts.
-Stop Contracting (CONSENT) via signature with the State.
-Educate, educate, educate.
-Home School. Stop the Indoctrination.
And, most importantly.
It's been proven time & time again on ZH the markets are manipulated. It's one huge Global Ponzi Scheme.
-Cash out. It's eventually going to collapse. Cripple the Criminal Fraud System as much as it's Crippled you.
-Store your wealth. Purchase food, precious metals, barter items. You'll need them.

Wed, 01/28/2015 - 16:31 | 5717208 Shaznardickleze...
Shaznardickleze the Doon's picture

I think its a bit late for this, those who don't know already are the consenting majority who won't appreciate the info as truth as it "upsets" their day to day lemming paradigm.

Wed, 01/28/2015 - 15:58 | 5717080 Mrs. Cog
Mrs. Cog's picture

Fewer words now mean less retractions later.

 

Wed, 01/28/2015 - 16:07 | 5717095 Yen Cross
Yen Cross's picture

 I wonder how far the( federal reserves's) TRUE financial outlook is? 'Western Central Banks' have completely abandoned any kind of responsible fiduciary reporting.

 It's clearly apparent that their financial targets aren't being met.

 It seems to me that the only way price stability, and true valuations are going to merge with the markets, is through honest "price discovery".

 How we achieve that valuation is open to debate~ My Ideas are a bit Draconian. ;-)

Wed, 01/28/2015 - 16:55 | 5717326 daveO
daveO's picture

USSR or Argentina (ten yrs ago) are my guess for the return of price discovery. Folks are forcefully disengaged from debt slavery thru low, or no, pay. They then turn to barter out of necessity. Then, a reset can occur from the ground up. Similar thing is now happening in Venezuela. 

Wed, 01/28/2015 - 17:22 | 5717446 Yen Cross
Yen Cross's picture

 The "Ancient Egyptians" figured it out?

 I absolutely agree with your commment , BTW.

 

Wed, 01/28/2015 - 16:08 | 5717109 l1b3rty
Wed, 01/28/2015 - 16:09 | 5717113 Consuelo
Consuelo's picture

Someone went out back behind the Eccles Armory and noticed the powder was still soggy.   Need a little more time to dry it out.   Back with you soon enough.

Wed, 01/28/2015 - 16:10 | 5717129 Bell's 2 hearted
Bell's 2 hearted's picture

Time's up

 

at doorstep of next recession .... and 
FR outta bullets 

Wed, 01/28/2015 - 16:08 | 5717122 Bell's 2 hearted
Bell's 2 hearted's picture

1.72

 

10yr having a good day ...  yield down 10 bps

Wed, 01/28/2015 - 16:15 | 5717143 Dr. Engali
Dr. Engali's picture

Do these people really think the "market" believe them? We have Germany and Japan with their ten year yielding under 1% and our ten year is trending that way. Do they really think people believe they will invert the yield curve and blow the whole fucking thing again? What a bunch of rubes.

Wed, 01/28/2015 - 17:04 | 5717323 Yen Cross
Yen Cross's picture

 Anything is [possible] with negative interest rates Doc?

 I agree, "the lunatics are running the asylum".

 They aren't inverting the yield curve Doc. It was always inverted! Look at S/T borrowing costs.

 Look at student loans, consumer credit, credit cards.

 Junk Away, the people that lend you money have models that guage "return ratios". Those ratios are small.

 Those lenders have carrying costs. The guy holding 2000 subprime Porsche loans, want's rates low! The guy that bought his house and ATM'ed it for improvements, want's rates low.

Wed, 01/28/2015 - 16:26 | 5717196 lindaamick
lindaamick's picture

Look at it this way:

The banks are no longer benefiting from QE.

The Fed does not have any interest in Main Street if their historical behaviors are indicative.

The banks need higher interest rates in order to make any money.

Case Closed

Wed, 01/28/2015 - 16:57 | 5717336 daveO
daveO's picture

Right. Higher rates for profit. QE for bailout after collapse. Heads they win, tails, we lose.

Wed, 01/28/2015 - 16:57 | 5717338 Yen Cross
Yen Cross's picture

 Okay, so you're argument is higher interest rates through a (zero based) negative capture?

 I'm joking. I know you're a smart person/

Wed, 01/28/2015 - 17:12 | 5717396 TrulyStupid
TrulyStupid's picture

The banks need lower interest rates on the money they borrow and relend to you at the same rate as now...that's how they increase their profits or mitigate their losses

Wed, 01/28/2015 - 17:10 | 5717390 Joenobody12
Joenobody12's picture

Todays shortest FOMC statement :   RUN !

Wed, 01/28/2015 - 20:28 | 5718214 petedanels
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All I can say is this...YOU MEMBERS IN HERE ARE FUCKING AWESOME!!  

I always look forward to reading my daily ZH...

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