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RANsquawk US Event Preview - Fed's Bernanke at Jackson Hole - 31st August 2012

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Fri, 08/31/2012 - 04:53 | 2751757 economicfreefall
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It's almost like waiting for Santa...with the difference that Ben's elves only wrap gifts for banksters. Oh, and the gifts are from the rest of us.

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Fri, 08/31/2012 - 05:20 | 2751784 Muppet of the U...
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How sweet would it be if the bernank came out and said he was buying every future and equity and currency for the next 6 months.  :D  I mean this is really the only time we get to fantasize. 

& while everyone is expecting bernank to say nono to QE hopefuls, I'm sure he is crafting the ultimate speech to be as fucking vague as possible- 'at some distant point in the near future the fed will begin another qe operation if the market appears to need it'...  Which = same old same old.  maybe one day the bots will figure out this means, market lower = qe.  not market higher.  stupid bots.

 

At the same time, I would just like to note, that the market has not been rallying up for 2-3 days in anticipation of the fed meeting.  SOOO.

What does this mean for the post-meeting.  Epic collapse?

Fri, 08/31/2012 - 05:57 | 2751818 Boilermaker
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Well, considering someone is jacking the shit out of the futures, I can take a good guess at what's going to be 'said'.

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