It is time to look at alternative places to move your money over. Let's not forget the pattern of Fall 2008.
I agree.
I am thinking today was a sucker rally to calm everyone down. The Euro debt problem is not fixed, and nobody has a plan to fix it. If Europe goes down, the world economy will stay weak.
Also notice that Gold continued higher. The stock rally was shorts covering.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
Here is a good article explaining the Feds 2yr interest rate strategy in technical terms. Basically they are giving investors a 2yr window to move into higher risk investments with free money.
If the Fed succeeds in lowering volatilities, it may succeed in providing a boost to the economy — at very little cost, if any. The fed-funds futures market already put the timing of the first Fed rate hike at mid-2013. For the FOMC to put into print what the futures market was anticipating anyway may help stimulate the U.S. economy with few deleterious effects.
Noting like this has been tried, however. Whether options theory can guide the economy remains to be seen.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
Bizarre statement from the Fed. Why would they hamstring themselves like that, especially if inflation continues at a high rate?
Maybe it isn't worth paper it is printed on?
Alan Greenspan, 2 trick pony, lower interest rates and when they are at zero, printing money.
It was a very dumb idea- it did provoke a bounce on the market- but does it really make a difference? I don't think so. This statement (I bet) was another hail mary pass after Obama's dismal speech on Monday- they had to say somthing. The economy is in the crapper- so low interest rates are pretty much a given. If inflation rages up in 3 months- isn't it nice to know that they will do NOTHING about it?
I was going to post this yesterday but I got busy.
Here's another thing- the Democrats cried and whined for 2 weeks about how important it was to "compromise" to avoid a downgrade, but on monday - Obama basically said the downgrade dosn't matter. Again, talkin out of both sides of his mouth!
BTW- DOW is down -370 points as I type this.
So much for the FEDS news, it dosn't change anything.
Yep, I don't know what you invest in anymore. Chase a 3% dividend when you can lose 10-15% in a week?
Maybe consumer staples like PG and JJ. Utilities? They have good dividends but the threat of CO2 tax and mandated expensive alt energy.
Bonds? Are you crazy, 1-2% interest, when rates ever rise they could lose 10-20%
Just park it in gold or under your mattress. Gold is better, it won't burn up.
Fire the FED
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
Joe wrote: Yep, I don't know what you invest in anymore. Chase a 3% dividend when you can lose 10-15% in a week?
Maybe consumer staples like PG and JJ. Utilities? They have good dividends but the threat of CO2 tax and mandated expensive alt energy.
Bonds? Are you crazy, 1-2% interest, when rates ever rise they could lose 10-20%
Just park it in gold or under your mattress. Gold is better, it won't burn up.
Fire the FED
Prefered or what people refer to as dividend aristocrats?
