MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gfs_1999 who wrote (72720)	3/19/2001 5:23:59 PM
From: Wayners	Read Replies (1) of 99985

Fed Funds target rate is way above the 30 year bond yield. Thats all there is to it. Fed Funds rate has to be adjusted below the 30 year bond yield period if the Fed wants GDP greater than 0% going forward. Fed needs to drop about another 125 basis points period. This has nothing to do with saving the stock market. All the Fed does is follow the longer term bond yields albeit about 2 months late. Is Bill Meehan a trader? No he's a journalist. What does he know? He also says rate cuts don't turn markets. He's not familiar with history either.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next