To: misterrob
Neil Cavuto explained that because oil/gas are so high ($72) that the market sees this bad news as good news that the Fed won't raise interest rates anymore. Bad news os good news today. Confused?
3 posted on
04/18/2006 2:42:07 PM PDT by
Republican Red
("How good is it? Al-Jazeera gave it 4 1/2 pipe bombs")
To: Republican Red
Neil Cavuto explained that because oil/gas are so high ($72) that the market sees this bad news as good news that the Fed won't raise interest rates anymore. Bad news os good news today. Confused?Also, sometimes Good news is bad news as it makes them fear the Fed will raise rates.
In short good news = good news unless it equals bad news, and bad news = bad news unless it equals good news.
Financial talking heads have the best job on earth. I envy them.
12 posted on
04/18/2006 2:45:27 PM PDT by
NeoCaveman
(the freeper formerly known as dubyaismypresident, Blackwell for govenor Ohio '06)
To: Republican Red; misterrob; AdamSelene235; wardaddy; Dog Gone; SAJ; Nick Danger
"Neil Cavuto explained that because oil/gas are so high ($72) that the market sees this bad news as good news that the Fed won't raise interest rates anymore. Bad news os good news today. Confused?"
The official reasons for market rallies seldom align with reality. Cavuto is giving you the official version.
The real reason for the market rally today is that there is a rumor going around that China's President Hu is going to announce a major revaluation of the Yuan when he meets with President Bush while both are here in primetime.
13 posted on
04/18/2006 2:45:36 PM PDT by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Republican Red
Oddly enough, high oil prices are actually counter-inflationary (contrary to popular wisdom). When fuel prices are high, overall demand for just about every product and service diminishes.
14 posted on
04/18/2006 2:46:10 PM PDT by
Alberta's Child
(Can money pay for all the days I lived awake but half asleep?)
To: Republican Red
Neil Cavuto explained that because oil/gas are so high ($72) that the market sees this bad news as good news that the Fed won't raise interest rates anymore. Bad news os good news today. Confused? At this point in the Federal Reserve cycle, bad news is good news, which should say something about the theory the Fed uses to set monetary policy.
104 posted on
04/18/2006 4:02:51 PM PDT by
Moonman62
(Federal creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it)
To: Republican Red
It's been that way since Clinton refinanced the debt: the Fed is obsessed with keeping inflation down, and thus raises interest rates at the first sign of a growing economy.
108 posted on
04/18/2006 4:09:52 PM PDT by
LS
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