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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (146193)10/15/2014 1:35:29 PM
From: Brian Sullivan  Read Replies (2) | Respond to of 149317
 
Obama has to interrupt his full time fund raising schedule as so to appear to be engaged on the Ebola outbreak.

President Barack Obama will hold a Wednesday afternoon meeting with cabinet secretaries responsible for the containing the Ebola outbreak, and will delay a scheduled flight to a New Jersey fundraiser and campaign event.

news.yahoo.com



To: tejek who wrote (146193)10/15/2014 1:37:53 PM
From: RetiredNow  Read Replies (2) | Respond to of 149317
 
415 point down on the DOW. Don't worry, the Keynesian Fed will probably get the plunge protection team to employ their bag of tricks to bring it up a notch before close, so it doesn't seem like too much of a bloodbath. The only question I have is whether Fed is going to let the blood flow, while making sure it is orderly on the way down, or whether their courage fails and they decide to announce QE Infinity.

Thread,
here's my advice. Ignore it, if you want. If the Fed holds course and ends QE, then most likely the GOP will win the Senate. In that case, make sure you are hoarding cash and be very careful with stocks. It will be very painful.

However, if the Fed decides to embark on QE Infinity or QE4, whatever they call it, then buy stocks. It's a no brainer. This stock market is not driven by fundamentals anymore. It's all driven by the Fed. Welcome to Central Economic Planning. The key to winning now is no longer analysis of companies, but rather, it is analysis of Fed actions.