FOMC Day: Say Anything!

The market wants the Fed to say something – say ANYTHING – that hints at, signals or implicitly promises more action on the stimulus front.  This is because the first few rounds have been so successful.

If Bernanke and Co wait and hold off, they risk the charge of politicization by acting in the future (closer to the election).  If they act now, they spend their bullets ahead of whatever the fuck happens with Europe this September.

In other words, the infantile traders who now use the markets as a mechanism to throw temper tantrums may want action now, but the decision is not so easy for Lloyd Ben.

Read Also:

Cullen Roche thinks the data is too mixed for the fed to act (Pragmatic Capitalism)

 

 

 

 

 

What's been said:

Discussions found on the web
  1. blazing trader review 2020 commented on Sep 23

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2012/08/01/fomc-day-say-anything/ […]

  2. onion search engine commented on Oct 11

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2012/08/01/fomc-day-say-anything/ […]

  3. orangeville real estate agents commented on Oct 16

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2012/08/01/fomc-day-say-anything/ […]