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.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (104517)11/18/2009 1:50:31 PM
From: jmiller099  Read Replies (1) | Respond to of 116555
 
Ridiculous, in my opinion, round II was the statement of raising rates in 2010. I find it ridiculous based on two data points.

The first being the option mortgage re-casts due to start hitting mid to late 2010. Why raise rates on underwater properties? They certainly didn't do it to the first round of sub-primes.

The second being this; and I know words are cheap, but I am inclined to believe this based on history.


Fed May Not Increase Rates Until 2012, Bullard Says

By Steve Matthews

Nov. 18 (Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said past experience suggests policy makers may not start to raise rates until early 2012, while facing a “too low for too long” argument that may “weigh heavily” on the central bank.


More @ bloomberg.com



To: mishedlo who wrote (104517)11/19/2009 7:25:32 AM
From: Dan39 Recommendations  Respond to of 116555
 
Re: Fundamentals eventually matter, they always do.

In all honesty, my actions are in agreement with your words. But I've been wrong for months, now.

In my case, I thing it's partly due to the conclusion that if fundamentals don't matter, then it's hopeless to try to intelligently plan one's savings and future - we're all just gambling at a casino where the management is constantly changing the rules.



To: mishedlo who wrote (104517)11/19/2009 12:18:46 PM
From: Skeeter Bug  Respond to of 116555
 
>>Fundamentals eventually matter, they always do.<<

money printing is a "fundamental."

so the market *is* following "fundamentals" right now. in a sense, anyway. i know your definition of fundamental was narrower than the one i'm using.

the key is when the excess money fundamental changes - when does the dollar carry trade crack.

the bankers are wailing and gnashing teeth to keep the dollar down. the economy itself is on life support. stop prices are sky high. the banksters are showing the "unlimited print" card.

it's gonna be ugly when it blows sky high. i vote for Q1.

the bankster need Q1 tax payer funded bonuses again. take down the market, threaten the end of the financial world, milk trillions, print like no tomorrow. wash, rinse repeat until the pitch forks come out.