hey Parde Bumwad, if in 1999, someone said "rates will drop"
would you have barked for a full year like an effing moron
and said to eat crow ???
all signals in 1999 and early 2000 pointed to a recession
I pointed them out, and said a recession in a year is likely
my trading at the time was truly errant though
my mistake
but we saw the Federal Reserve raise and raise to thwart the speculative mania in stocks
they kept raising rates all thru 1999 and into 2000
do you remember?
or is your asshole covering your head, preventing thought?
well, the disastrous Fed policy caught up with them
and the US Economy
by 2001, we saw a sudden drop in spending and soft demand
it showed up soon afterward in falling prices
that is a long 18-20 months, which is way too long for your mental attention span
NOW READ MY LIPS: NO TIMEFRAME
now we have the exact opposite situation
the Fed sees the threat of declining prices
they are taking rates too low, just like in 1999 too high
we will see the effects with rising rates before long
but not until the Fed allows the markets to do their thing
the Fed has a long history of overshooting
it takes time, which is beyond your mental horizon
so sit back, relax, shut the hell up, and learn a few things about Fed interference with free market processes
are you aware that foreigners are net sellers of TBonds?
and US investors are only minor buyers of TBonds?
the major buyers of TBonds are Asians and Fed Reserve
is any of this getting thru your mocking moronic head?
/ jim
p.s. I battle with morons once or twice, then IGNORE
you sound as stupid as Gold Tutor |
