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MARKETS GO WILD AFTER THE FED SAVES THE DAY: Here's What You Need To Know (DJIA +275, 1.64%)
BI ^
| 10-8-2014
| Myles Udland
Posted on 10/08/2014 1:20:38 PM PDT by blam
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To: blam
“. Aluminum giant Alcoa was scheduled to report third quarter earnings after the market close on Wednesday, marking the unofficial start of third quarter corporate earnings season. Expectations were for Alcoa to report earnings per share of $0.23 on revenue of $5.85 billion. “
Alcoa blew that out of the water. Earnings .31 Revs $6.28 b
21
posted on
10/08/2014 1:40:33 PM PDT
by
Lurkina.n.Learnin
(It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
To: blam
Key line:
The Minutes also showed that a number of FOMC members were concerned about a strengthening US dollar and a slowing global economy.
The slowing global economy has certainly happened.
To: Darteaus94025
Wouldn’t that cause the dollar to fall not rise?
To: expat_panama
Been out of pocket for a while (year end... :-0) but what is “VE”? Also any discussions about the strength of the dollar? Curious given all the “money printing”...
To: expat_panama
LOL. Are you going to tell these guys what VE is?
25
posted on
10/08/2014 1:44:16 PM PDT
by
Lurkina.n.Learnin
(It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
To: Wyatt's Torch
26
posted on
10/08/2014 1:45:33 PM PDT
by
Lurkina.n.Learnin
(It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
To: Wyatt's Torch
27
posted on
10/08/2014 1:46:59 PM PDT
by
Lurkina.n.Learnin
(It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
Comment #28 Removed by Moderator
To: Darteaus94025
You mean "MORE DEVALUING OF THE DOLLARS YOU EARN, AND THE DOLLARS IN YOUR SAVINGS ACCOUNTS".
PLUS INCREASED PRICES AT THE GROCERY STORE, as all imported items (Walmart) need more dollars to equal the same value of the overseas currency.
This bubble will explode right after the election.
29
posted on
10/08/2014 1:50:10 PM PDT
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
To: Lurkina.n.Learnin
To: Lurkina.n.Learnin
To: AZLiberty
The Fed can never raise interest rates again. Just think what that would do to the stock market, and especially government debt service payments
32
posted on
10/08/2014 2:01:03 PM PDT
by
PGR88
To: Mouton
Just wait until the economy shuts down from EBOLA
To: PGR88
After the election...After the election
To: BenLurkin
Fed: "Let's go for it!!!
35
posted on
10/08/2014 2:17:48 PM PDT
by
Theophilus
(Be as prolific as you are pro-life.)
To: Yosemitest
36
posted on
10/08/2014 2:24:46 PM PDT
by
Darteaus94025
(Can't have a Liberal without a Lie)
To: BenLurkin
There is going to be a very nasty boomerang some day. Nah. Somehow this ponzi game has got superior lasting. If it can be so out-of-wack as it is now why can't it continue. Besides, what can us sheeple do about it anyway but some preparations. Remember we have all of that gold in Fort Knox, right? (sarc)
37
posted on
10/08/2014 2:27:23 PM PDT
by
Digger
To: Wyatt's Torch
“Wouldn’t that cause the dollar to fall not rise?”
Isn’t that the goal? Look at Japan, Zimbabwe, Argentina and other dynamic economies that first devalued their currency, and then experienced economic stillbirth.
Other countries (Germany, Switzerland, Singapore, etc.) believe in retaining the value of their currency.
Who wants to be like them when you can end up like Zimbabwe?
38
posted on
10/08/2014 2:27:52 PM PDT
by
Darteaus94025
(Can't have a Liberal without a Lie)
To: blam
Much of the reason the economy sees growth is this continued sugar high of artificially low fed rates. Eventually we’re going see a Black Monday replay. The ride back to reality will be our fulfillment of the Chinese curse of living in interesting times.
39
posted on
10/08/2014 2:36:25 PM PDT
by
ScottinVA
(We either destroy ISIS there... or fight them here. Pick one, America.)
To: AngelesCrestHighway
“Just wait until the economy shuts down from EBOLA”
Or the more likely scenario of a series of attacks by ISIS.
40
posted on
10/08/2014 2:40:10 PM PDT
by
ScottinVA
(We either destroy ISIS there... or fight them here. Pick one, America.)
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