|
Mo and others:FYI:RE:interest rates - the FOMC minutes from Dec 22 mtg indicated unanimous neutral stance (no bias toward tightening) AND a decision that, going forward, the fed will immediately inform the public, (following FOMC meetings such as the one that concluded yesterday), when their is a "significant change in bias," which a change to tightening bias would obviously be...in other words, THE FED IS STILL FIRMLY NEUTRAL ON RATES, and all the hype in the news about tightening, blah, blah is just that, HYPE...the fed would be crazy, IMO and those of many "experts," to raise rates in the foreseeable future given the turmoil in Brazil and elsewhere globally, not to mention that fact that inflation is still just a phantom in the U.S., rather than a real threat. Others' opinions are welcomed, but it seems to me that Mr. G is NOT trying to scare the internut mania into remission or the tech rally, as that is not his job, and this is just a BUYING OPPORTUNITY for some real high quality tech stocks...the ones that will lead the dow and naz to new highs soon. Take care, GRANOLA |
