There's Your Official Warning From The Fed

Tyler Durden's picture

And in lieu of any rumors out of Europe (they have all been exhausted, plus nobody believes anything out of the doomed continent), here is our own Fed with its best attempt to talk the market up, via Bloomberg:

  • ROSENGREN: CRISIS MIGHT WARRANT COORDINATED ACTION BY FED, ECB
  • ROSENGREN SAYS FED SHOULDN'T BE DISSUADED FROM TRYING TO HELP

And yet:

  • ROSENGREN: CENTRAL BANKS CAN'T SOLVE ECONOMIC PROBLEMS ALONE

So who steps in: aliens?

Lastly:

  • ROSENGREN SEES `CLEAR STRESSES IN SHORT-TERM CREDIT MARKETS'
  • ROSENGREN SAYS HIS FORECAST ASSUMES EUROPE `MUDDLES THROUGH'
  • ROSENGREN SAYS ECONOMY CREATING `NOT AS MANY JOBS AS I'D LIKE'
  • *ROSENGREN SAYS GDP GROWTH `NOT WHAT I WOULD LIKE TO SEE'
  • ROSENGREN: ECONOMY SHOULD `BE PICKING UP' IF NO FURTHER SHOCKS

Risk about to ramp. Fade to follow. Rinse. Repeat.

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knukles's picture

By the way, who the Fuck is Rosengrins or whatever?

redpill's picture

Boston Fed Chump, I mean President.

This little tidbit was all the momo markets needed to go green for the day.  What a joke.

camaro68ss's picture

Awwwww tu ut uhhhhhh, cant....stop..... the .....jizzing......its all so bullishhhhhh aawwwwww

BaBaBouy's picture

Rozengreen, Greenpand, Gliethner, The Bummah ...

 

I have more confidence In The Captain... Bill Shatner ...

Upswaller's picture

I thought Rosengreen and Gildenstern were dead.

JPM Hater001's picture

I get the joke...thought about posting it myself...but most here are not going to appreciate it.

Game and Match...

Charles Martel's picture

Only this time it's not just something in Denmark that's rotten.

JPM Hater001's picture

Well played now take this letter back to the king of France for me would you please.  You will be greatly rewarded...

Manthong's picture

I knew there had to be a valid correlation somewhere..  S&P goes up for 92 days.

Charles Martel's picture

Will do.  Just don't ask me to deliver a letter to the King of England.

reading's picture

Just need a little juice to keep this flowing until Santa Claus can take over.  Oh it's coming, never ending spewing of the forthcoming santa claus rally will be happening in 5, 4, 3....

Lux Fiat's picture

Thought the same thing.  http://www.federalreserve.gov/aboutthefed/bios/banks/pres01.htm

Looks like someone is being groomed for higher visibility - either to move up, or to take the blame.

SheepDog-One's picture

Mr Rosenpenis. Partner of John Cocktoasten.

Fletch.

kulgogi's picture

Colleague of Dr. Rosen-Rosen.

Divided States of America's picture

Another jewish academic who thinks they know what the fuck they are doing with the economy? Honestly, why are the majority of the members of the FOMC jews? I dont think the interests of the blacks, asians or hispanic population are represented on this committee, though we got the Big O at the helm.

http://thezog.wordpress.com/who-controls-the-federal-reserve-system-part-1/

 

 

john39's picture

i don't think the interests of humanity represented by FOMC, including a large percentage of "Jews".

Börjesson's picture

Rosengren is a Swedish name, not a Jewish one.

grey7beard's picture

>> Rosengren is a Swedish name

Do not get in the way of Jew bashing if you know what's good for you.  Understand where you are. ZH is great, but the peanut gallery is flush with people who hate people. 

Prairie Fire's picture

Thank you for that.

I agree, ZH is great. It's the pussies above and below that are the problem.

arizona11912's picture

Euro bonds are coming soon. I've been waiting for them for two years. I'm actually impressed the ECB held it together this long without the Euro bond system in place.

The trend is your friend's picture

They will save us. the s&p will be positive in about 5 min.

radwon's picture

5 minutes. Right. It took 10. Try again next time.

Chuck Walla's picture

CBO Director Doug Elmendorf admitted to Senator Sessions that in the long run the stimulus will shrink the economy.  He testified at a  Senate Budget Committee hearing that the stimulus will indeed “be a drag on GDP” over the next ten years.  Any diligent student of history already knew that, but now we have the “gold standard” of budget and economic scoring to affirm that self-evident truth.  Nevertheless, fear not, the stimulus will have a stimulating effect in the short-term.  That’s why we are enjoying a robust annual average GDP growth of…..1.4%.

 

We have met the enemy and it is us...

Sancho Ponzi's picture

They'd (The Fed) better not be using my tax dollars to purchase Greek, Italian, Portuguese and French bonds. How far removed from 'No Taxation Without Representation' can you get?

These sociopaths should be thrown out of office and ruled ineligible for re-hire, forevah.

 

youngman's picture

They are....and they will buy more....and you will never be told...

101 years and counting's picture

what crisis?  S&P still at 1250.  oil over $100.  we have crisis at 900 (or the fed likes to think so).

M.B. Drapier's picture

So who steps in: aliens?

Surely 'German taxpayers' is the intended correct answer?

Dr. No's picture

Almost correct.  "all taxpayers" is the correct answer.  If the central banks sit by and do nothing, be assured the politicians will open the checkbook.

trembo slice's picture

haha, all the central bank needs is a little cooperation from the "working class."

Charles Martel's picture

Washing dishes, cutting lawns, bailing out Europe - is there anything those illegal Mexican aliens can't do?

Zero Debt's picture

We come in peace. Take us to your bond markets.

Aunty Christ's picture

Rosengren is in the same la-la camp as that fucktard Evans...we should reduce their salaries to the national average and see how they enjoy the "deflation" they claim to see...

knukles's picture

Martians.  The Martians are coming.
Krugman was Right.

QE infinitymotherfucker

 

One laser blast of by land, two neutron bombs if by sea.

fuu's picture

Don't shoot till you see the whites of...umm...their ahhh...hmm.

youngman's picture

Look at Drudge today...some Russian lady had one in her Freezer for two years......lol

Mugatu's picture

I keep telling everyone that the Martians have expressed interest in investing in the EFSF - so buy the rumor! 

YesWeKahn's picture

These FED officials must have bought stocks at the high of Nasdaq bubble and bought houses during the housing bubble. They want to cash out.

Mae Kadoodie's picture

Banks?  They'll need tanks.

El Viejo's picture

Aliens are waiting for this to end so they can take over the empty planet. Cue Bonzai7

sabra1's picture

you're close! this planet is actually a farm, and we're all bred as a food source! we come in low fat, high fat, white meat, dark meat! just add human helper, simmer, and enjoy!!!!

topshelfstuff's picture

"""""""""""""""So who steps in: aliens?"""""""""""""""""

 

you'd be surprised to find out just how many are actually expecting this, no kiddin

redpill's picture

If Krugman says it in the NYT, it must be true.

Zero Debt's picture

They don't manage expectations for nothing