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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (82062)4/27/2016 2:28:27 PM
From: rayrohn  Read Replies (1) | Respond to of 222184
 
lol nah don't to that



To: GROUND ZERO™ who wrote (82062)4/27/2016 2:33:19 PM
From: rayrohn  Read Replies (1) | Respond to of 222184
 

Since Yellow-Yellen's March dovefest, stocks have rallied, China has stabilized,and while economic data has been weak in general - jobs and inflation (which is what The Fed claims to care about) have been positive. So how does The Fed make June a live meeting, tilt hawkish, and still protect the narrative of recovery and the sanctity of their equity market (which is all that really matters):

  • FED REMOVES REFERENCE TO GLOBAL EVENTS POSING RISKS TO OUTLOOK
  • FED SAYS LABOR MARKET IMPROVED EVEN AMID SIGNS OF SLOWER GROWTH
  • FED REPEATS ECONOMIC SITUATION WARRANTS ONLY GRADUAL RATE HIKES
  • But... while "global risks" no longer figure and the Fed may be "data depedent" again as rate-hikes are back on the table, a key change emerges: instead of monitoring "inflation developments" the Fed is now "monitoring inflation indicators and global economic and financial developments" which is effectively the same as the struck language on"global economic and financial developments."

    Some other notable observations: the Fed may have modestly downgraded domestic conditions by saying that "economic activity appears to have slowed" while household spending "moderated" from "has been increasing at moderate rate", and yet at the sasme time the Fed references "consumer sentiment" which "remains high" for the first time, while noting that "labor market conditions have improved further."

    So the economy is slowing, but at least the hiring of waiters and bartenders continue

    zerohedge.com