FED:- Shocking news

[Mega]

Mega is stunned by this news..................not:-
Business news and markets: live

Stock markets jump after Federal Reserve chairman Ben Bernanke says America will continue its "highly accommodative" monetary policy for the "foreseeable future".

Ben Bernanke speaks during the National Bureau of Economic Research Conference in Cambridge, Massachusetts, on Wednesday. Photo: Bloomberg

[Polish_Silver]

real positive rates? holding my breath . . .

Mega is stunned by this news..................not:-
Business news and markets: live

Stock markets jump after Federal Reserve chairman Ben Bernanke says America will continue its "highly accommodative" monetary policy for the "foreseeable future".

Ben Bernanke speaks during the National Bureau of Economic Research Conference in Cambridge, Massachusetts, on Wednesday. Photo: Bloomberg

Gold is up today. Mere coincidence?

But what happened to the "exit plan", "deleveraging", real positive rates, etc?

[Fox]

Re: real positive rates? holding my breath . . .

But what happened to the "exit plan", "deleveraging", real positive rates, etc?

Seriously?

It was jaw boning that hit too hard. Yields spiked all over the world; particularly Europe which edges closer to collapse every day.

Now its back pedal time.

There is no exit plan. The only outcome of this is systemic failure. When the fed becomes the 80% majority player in the bond market, how can they possibly exit with out causing a major market crash?


Remember not only do they have to stop (whammy 1) but eventually they have to sell their shit sandwich portfolio (whammy 2). Now in this day of the Nanny state, who will shoulder that responsibility?

Not Obama and certainly not a pasty face mouse called Bernanke. And certainly not any of Bernanke's replacements, all deeply devote Keynesian with vested interest and ideology.

The odds of there ever being any kind of "Taper" policy are greatly outweighed by the odds of a "Double Down" policy.

[BadJuju]

Re: real positive rates? holding my breath . . .

I am just happy knowing that as my life continues to careen towards hell that everyone else will be joining me there.

[blazespinnaker]

Re: real positive rates? holding my breath . . .

Seriously?

It was jaw boning that hit too hard. Yields spiked all over the world; particularly Europe which edges closer to collapse every day.

Now its back pedal time.

There is no exit plan. The only outcome of this is systemic failure. When the fed becomes the 80% majority player in the bond market, how can they possibly exit with out causing a major market crash?


Remember not only do they have to stop (whammy 1) but eventually they have to sell their shit sandwich portfolio (whammy 2). Now in this day of the Nanny state, who will shoulder that responsibility?

Not Obama and certainly not a pasty face mouse called Bernanke. And certainly not any of Bernanke's replacements, all deeply devote Keynesian with vested interest and ideology.

The odds of there ever being any kind of "Taper" policy are greatly outweighed by the odds of a "Double Down" policy.

Yeah, if you can't increase rates when the market is hitting record highs, when can you increase them?