This page has been archived and commenting is disabled.
Did Hilsenrath Just Leak The FOMC Decision
Usually we are impressed by the velocity with which Fed mouthpiece Jon Hilsenrath prepares his FOMC reaction digest while under embargo, often penning more words in the allotted 15 or so minutes than are even in the Fed's statement. However, he traditionally comments right after the FOMC announcement. We wonder if moments ago, Hilsenrath - who does not have a twitter account - did not leak the FOMC statement before its actual unveiling in just under 2 hours when via WSJ colleague Greg Ip's Twitter account he said:
Jon Hilsenrath: For Yellen, who likes to arrive 3 hrs early for a flight, raising rates without preparing mkts would be out of character.
— Greg Ip (@greg_ip) September 17, 2015
To be sure, a very well-timed tweet.
And then, perhaps to confirm, on WSJs new central bank pro section he added that "It would be out of character for Janet Yellen to surprise the market" noting that he ran into "some New York Fed guys and they looked relaxed."
Finally, here he is on Fox Business banging the anti-rate hike drums starting early in the morning:
So did Hilsenrath just "prepare" markets with a two hour advance notice of what to expect? Or did he simply add to the Fed's communication failure by "hinting" the market to expect one thing, while Yellen will unveil the opposite? Not even Gartman has the answer to that.
* * *
The market reacted...
»
- 51708 reads
- Printer-friendly version
- Send to friend
- advertisements -
fuck you Hilsenrath
that is all....
Watch them not hike and then watch the markets continue to tank. That is teh we's prediction...
They've been talking about raising rates for years. How can the market not be prepared? Enough of the drama already, just get it over with already!
He's the Fed mouthpiece like that straw wig is Donald's hairpiece.
Raising rates it is. China is forcing them to do it now.
Dunno where you've been, Ipster- all her talking heads have been floating higher rates pretty loudly for awhile now.....
Exactly. Spewing "rate hike in September" for months is not preparing the markets? JH is a fed mouthpiece. He basically confirmed for me that they'll raise .25 by this lame attempt at covering up his association with the fed by this "I'm not in the know" tweet.
um, so he is openly admitting to insider trading. How else would you prepare markets?
i'm so confused . . . .
How is China forcing them? China is dumping $100B/mo of cash reserves that include dollars and USTs. Who is buying the massive debt bublle?
The Fed.
Market's flat as a washboard... wait for the big money to do its frontrunning moves.
Plus, if you had a Jewish grandma, she would look like Mr Yellen. I mean, Janet.
Who gives a shit what they decide, I say WE DECIDE. END THIS MOTHERFUCKER. End the Fed.
Just relax and give the FED moar rope.
The second she "prepares markets" they will crash, so obviously that won't happen.
So......if the markets just dropped after 7 years of ZIRP, why would they go back up on more ZIRP, which clearly hasn't worked?
They wouldn't. We need QE. Ending ZIRP would at least allow some other investment options to start becoming viable instead of everyone clown carring into stocks.
Sooooo moar housing bubble.
Bubble in politics. There is a better return on buying politicians than houses.
So true. The definition of fascism.
ZIRP is an illusion. The reality is that QE is NIRP.
its been a hell of a case of 5% per anum stagflation for about 9 years.
The FOMC was waiting for the last minute, hoping for a 'Hail Mary'. No 'Hail Mary', no lifting of Zirp.
All they did was use up all their 'Hopium' til it ran out and now it's time for duh truth ... NO CHANGE in interest rate!
LMFAO
That is all.
Meh, Janet only turns up 3 hours early because she insists on a strip search and a full internal inspection by security.
Well, now no need to wait til 2pm
What a mistake to put so much power into the hands of so few.
Yes... But We Are Not Supposed To Talk About It... Its Anti-Semetic...
Evidently it isn't as SMG will point out that it is actually a hidden Luciferian Oligarchy.
So, if you point that out it is merely Anti-Luciferic.
pods
And, we can't have that, now can we?
Oh no he didnt!..
u forgot the high finger snap and wave...
Yes Yellen needs to massage the markets more...a deep, thorough, kneeding...so that Wall St has a nice happy ending.
well, she likes to get to the airport 3 hours early so she can go theough the pat down several times. it's the only non-self action she gets.
Who says the markets are not prepared? They are run by computers and are corrupted ... perfect preparation by the banks.
There has also been a warning of a possible rate hike for something like 9 months. If 9 months of warning is not enough then some people just can't be taught.
In other words, Insider trading on privileged info is legal for us but not you of course. Especially if you are a low level fall guy from India
In other news, Obama's, IRS goes after the non profit status of the Veterans group who raised the money for the Donald to speak on a battleship two days later
ww.thegatewaypundit.com/2015/09/obama-irs-revokes-nonprofit-status-to-veterans-group-that-hosted-trump-on-uss-iowa/
And the Justice Dept. is coming down hard on FIFA. Got get those crooked motherfuckers running soccer/ football in Europe, mostly.
In light of all the current fraud,corruption, and malfeasance ...that's like a big giant middle finger to the American Public.
Indict Hillary.
Indict Corzine.
Put a banker in jail.
I'm still trying to get my head around this.... GM made a deal foe what?...575 million to AVOID!!! Criminal prosecution!!! And it also resolves a class action shareholder lawsuit???
Where is this magic money coming from??
Are you fucking kidding me?
Put all the FED and Banksters into a very nice comfortable jail cell awaiting trial, complete with bar with tap beer and plenty of over salted lox and bagels. Make sure recording devices cover that entire large room. Then the truth comes out at trial. To Hell in a Hand Basket as they used to say during the French Revolution.
I say invite everyone to one of those swag Eyes Wide Shut parties, and then we just build a fence around the place.
So certain investors can have an easy market to dump toxic assets in before the whole thing comes down?
I hope they are dumb enough not to raise even though they could get away with a .25 increase. Because that is still waaay negative.
If they raise .25 and nothing bad happens(because the rate is still way negative), we will hear all the keynesians do even more victory laps.
Hilsenrath has been on FBN two days in a row with this exact comment about Yellen and getting to the airport 3 hours early.
Obloviate all you want the problem is labour not paper bubbles and that problem is about to manifest in GDP,trade and so many other places you'll run out of hats to cover all the turds.
3 hours early for a flight? Does she work for the government or something...
Oh.
Wow he knows a lot about Janet Yellen. I bet he knows about her poop too.
Well..........as the ole saying goes:
"Turds of a feather like to circle the bowl together."
"For Yellen, who likes to arrive 3 hrs early for a flight..."
I also believe that Yellin has nothing better to do with her time than to sit around an airport. Most likely she has not clue what productivity is, either. Probably not good for the chief economist of a central bank.
Fed Chief flies commercial? And does not get special treatment? If you are real elite and fly commercial (not private) they escort you from the airline club to the gate 5 minutes before first class boards. Probably escort you thru security tsa.
I have flown first class intl and they bump you ahead of others in the TSA line.
We've run all the scenarios - time to ask the WOPR how to win this game.
so I just ordered a Halloween costume....now I have 20 halloween ads on my page.....ZH has jumped the shark
I've got Lobster all over my ads... maybe that's a good sign!
Before Adblock, mine was full of blond haired blued eyed Russian chicks. What does that mean?
Thats strange, all I see is Negro midget dating sites.LOL clear your cookies and history guys or run ghostery.
Use Mozilla FireFox and use the add on called Bluhell firewall. No ads what so ever.
All I was getting was dick pictures and stuff.
Vote the American Lobster Party... "Two lobsters in every pot!"
A new golden age of prosperity for all Americans. Picture a donkey in one claw and an elephant in the other.
So remember on election day... Vote early, vote often, vote lobster...
Standard Disclaimer: No lobsters were harmed in the creation of this political advertisement.
KY
I'm screwed
zerohedge ads are so bad I can't even bother with this site on mobile.
Been over at twitter and stocktwits, it is funny how on edge people are over this horseshit.
.25%, really? Holy shit this whole thing really is a house of cards walking on eggs!
Jon you got the Goldman Memo as well?
The Fed's game is not to be financially or economically prudent... their job is to aid the elite in scalping as much wealth from the people and the nation before it finally collapses.
Why would you give so much money to the Swiss to buy the stock markets, or work with the DOJ to never jail bankers or nationalize corrupt entities?
Today's announcement will be one that benefits the status quo, not one of being responsible to the country or economic forces.
Dovie'andi se tovya sagain (It's time to toss the dice)
The Daily Economist
I trade intra-day, so the overall trend of the market means not so much. Move up, move down, whatever. Just move. But if I had a gun to my head, I'd bet they say "December." After which the ES spikes to the 2090s, then rolls over on its way to retest the Tech Wreck and Housing Bubble lows by that date. During which time the DX hits forty-nine cents as gold and silver and the Euro shoot the moon.
All things considered, however, I'm glad no one has a gun to my head.
Multiple choice:
You are $18T in debt. You have the option of:
a) paying more interest.
b) not paying more interest.
Which option is most appealing?
The Fed aren't 18t in debt, and they sure as hell don't serve the people who are!
The could raise the rate without raising the rate they pay on bank reserves...
fuck the fed, they are in fact a criminal enterprise.
Ha, 18 trillion. That is the number for public consumption. Unfunded liabilities, baby. 200+ trillion.
Shh.... nothing to see here.
A guess: No rate hike will come today and the markets mysteriously fall starting next week.
... because, (sarc) only the pros are right. Amateurs are always wrong.
gundlach on tv saying HYG at a 4-year lo, emerging markets getting ripped apart, commodities can't get much traction.
ive lost count as to how many "mandates" yellen & co. have to satisfy.
does he get a Goldman PR paycheck as well?
The markets ARE prepared for a small rate hike. What am I missing?
and in other news....there is so much debt rates will NEVER go above 1%
How much more preparation/ warning to the markets have to have? Cripes!
rat bastard
Suwee, suwee, suwee, moar QE!
Get the hogs up to the trough.
Nommer
OH NO! NOT 0.0025 RAISE IN RATES! OH THE HUMANITY!
So, what, the bank will have to pay me 0.3% on my savings account now? Well, that'll certainly break the bank.
I doubt it will translate into any benefit for you if they raise rates. You will probably get less interest, just because.
waiting for the Fed to raise rates is like waiting for hte Great Pumpkin
If the fate of the economy rests on a 1/4 of a percent, that should be all you need to know about the economy.
The financial system must be very fragile if a handful of berries, er, a .25 percent take brings it down.
higher rates = higher USD = global economy disaster
your move yellen
Jamie Dimon wrote an article on LinkedIn telling everyone that Detroit's recovery is a model for the future of America.
Standard Disclaimer: Human stupidity is indeed infinite.
Detroit is a model alright.
But not for recovery!
What is there not to get.... up up and awaaay..
"Raising Rates" is the new hieroglyphics and there AIN'T no Rosetta Stone....
just for perspective...if bonds ever go back to average the deficit goes up 50% in the first year, then takes off exponentially
When I arrive three hours early for a flight, I get special examination by the TSA, because terrizm. Does Janet get the same treatment?
Ha ha, what am I saying? Elites aren't subject to the same rules as a serf!
Just how many freakin' years does the market need to prepare for a pathetic .25% increase in interest rates?
Can't wait to start collecting that .25 % on my savings
http://www.zerohedge.com/news/2015-09-16/only-thing-matters-rate-hike-de...
maybe he is full of shorts, rate hike imminent
Simce stocks have been decimalized for over 15 years... why not raise interest rates .1 % ? Everybody is happy.
Without prepariong markets? Is he fucking serious? They've been preparing for 5 years! I need a drink.
3 hrs early, I thought she road in on her Nimbus 2000/QEIV
Jon Hilsenrath:" For Yellen, who likes to arrive 3 hrs early for a flight, raising rates without preparing mkts would be out of character."
How long have the markets been prepared, now? They have been talking about a looming rate hike for months on end, now.
"raising rates without preparing mkts would be out of character"
That's one of the dumbest f'ing comments I've heard in a while.
How would one "prepare mkts" for an announcemnet of a decision made at a meeting that's yet to be held? Even if the outcome of that meeting may be known in advance, how would one "prepare mkts" for a later announcement other than by effectively making that announcement via "hints" before the official announcement? And to "prepare mkts" prior to that "hint", one would have to give an even earlier "hint".