Posted on 07/01/2015 4:57:07 AM PDT by expat_panama
Hey everyone, happy mid week and mid year all at the same time! While metals stayed solid stocks rebounded a tad yesterday and futures are now calling for more of the same: metals +0.68% and stock indexes +0.96%!!! On top of all that we get a document dump:
7:00 AM MBA Mortgage Index
7:30 AM Challenger Job Cuts
8:15 AM ADP Employment Change
10:00 AM ISM Index
10:00 AM Construction Spending
10:30 AM Crude Inventories
5:00 PM Auto Sales
5:00 PM Truck Sales
Well, we all know the Fed can’t raise interest rates.
How much more predictable do you need?
everyone should know its all a shell game fabrication when the market has to parse every pause and ‘uh’ looking for clues from a clueless yellen,
I have no doubt Yellen is part of the team put together to destroy America on due time. Like her dear leader, she and her minions will unleash a hellish surprise on the nation.
Because zero is so unpredictable.
We will see.
That was my thinking too. This piece has got a lot of holes in it and I can't wait to find out what she really said.
Before I get out my tin-foil hat, we need to get clear that America's never been nearly as fragile and easy to destroy as some think. Historically people who doubted America's strength came to regret their doubts...
Agreed. I will be delighted to be wrong, as a spiritual awakening can turn a nation around.
Hopefully, that will happen. If not, history is pretty clear on the results of a society that celebrates perversion, infanticide, and the worship of the state.
Great. Take your pick:
Predictable unelected bureaucrats w/ enormous power.
Unpredictable unelected bureaucrats w/ enormous power.
It doesn’t matter to the ants on the anthill who steps on them.
Absolutely true, and we see hear much of this around us. The more I look into it though the more I'm finding that it's not the majority I'm hearing, it's only the noisy ones. The big problem is that for some reason the sane majority gave control to the perverted noisy minority. This wouldn't be the first time that an otherwise good people turned things over to a pack of nice sounding loony-toons.
Until fiscal policy changes, things will just slowly chug along. Robertscare (nee Democratcare) is a huge drag on employment, then toss in minimum wage hikes, regulations and the ‘new’ overtime rules and robots suddenly look like a great alternative.
OK!! If ever the combined wisdom of all the financial savants assembled here on FR is needed, it is now, today!!
Tell us!!! What should we do? Buy? Sell? Hold?
We must know!!!
Absolutely!!! BUY, SELL, HOLD -—immediately!!!!!
That is a very fine, scary, point you make, and everyone needs to understand what it means -
“the Fed CAN’T raise interest rates”
because if they raise them anywhere above 0,
there’s a near instant crash.
Sell in August.
Everything.
If only more people could understand that. In the meantime we got too many people blaming everything on Yellen even though the Fed has nothing to do with fiscal policy.
Until the Dimocrats unionize them.
Moves are afoot to bestow rights on chimps, dolphins, pets so smart robots must be considered as well.
They are probably already marrying them in Japan.
IMO the stock market has de-coupled from the US economy.
Yellen is looking for inflation in a deflationary depression. Keep trying Janet. :-)
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