SI
SI
discoversearch

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.
Politics : Politics for Pros- moderated

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nadine Carroll who wrote (356907)4/2/2010 7:52:24 PM
From: carranza2  Read Replies (1) of 793757
 
Short term interest rates are set by the Fed. No one, not even the Fed and certainly not the vigilantes, whoever they are, can do much about longer term rates.

We have increased money supply and public debt tremendously. This will cause interest rates to go up. And they are going up. They'll go up higher, killing off this stimulus-driven recovery. Short term rates are near zero, so we can't look to the Fed to ratchet them down to stimulate. Only another dose of stimulus from the Government can keep the recovery afloat, but at a high cost. Plus, the government idiotically stimulates via programs like cash for clunkers...ugh.

Stock market is on crack, way overbought. It will run out of drugs when rates go up, crash or go down substantially.

Does anyone look at fundamentals anymore?

I don't know about the timing, but a near SHTF moment is coming.

Y'all probably thought I was some kind of kook when I wrote this in 2005.

Message 21528711

Message 21530819
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext