I agree with Terry Burnham (Goldman Sachs and Harvard Business School) that we are more likely to see a 5,000 Dow than a 20,000 Dow.
Posted on 11/01/2015 4:18:26 PM PST by celmak
RUSH: This is Bill in Warner Robins, Georgia. Great to have you on the program, sir. Hello.
CALLER: Rush, quantitative easing and the threat of stopping it or tapering off, I think, is the reason why Republicans are afraid to have a government shutdown. I think either explicitly or tacitly, the Republicans have been told that the Fed would stop quantitative easing, 'cause it's the quickest and most direct way to go ahead and illustrate the impact of the federal government on the citizenry if you have the stock market takes a major hit. That's the only reason why I can think of this.
(Excerpt) Read more at rushlimbaugh.com ...
Bill, the real reason is that they are spineless, worthless turds who obey their corporate masters.
That’s cute....but their decisions have NOTHING to do with you, unless it’s taking more of your money to give to some of their “friends”.
I know that it doesn’t matter though, Cruz and others like him will keep on doing what needs to be done; I just want to make sure there are no surprised conservatives here (and for those who already know, good for you!).
QE ended in October 2014.
QE, ZIRP. Different pump, same stream.
Not really.
OK. Try different pump same target. Stimulus. And if the fed holds onto the bonds yet another pump with the same target.
The Fed is holding onto the bonds, but haven't bought more for over a year, stimulus is over.
:-) What is the purpose of ZIRP Todd and when did the federal funds rate rise?
http://www.pbs.org/newshour/making-sense/so-you-thought-quantitative-easing-was-over-think-again
I agree with Terry Burnham (Goldman Sachs and Harvard Business School) that we are more likely to see a 5,000 Dow than a 20,000 Dow.
Interest rates aren't zero. No one borrows from the Fed at zero.
when did the federal funds rate rise?
The Fed Funds rate last changed in December 2008.
The Fed stopped adding to their balance sheet in October 2014.
Did you buy any puts?
I suggested the same on this forum months ago.
For at least a couple years, I have figured that the Fen the Fed will stop QE, the Fed will continue QE until there is a Republican President. The stock market will then crash and Republicans will be blamed. QE will continue as long as there is a Dem President. As soon as Republicans cut the budget, QE stops and the media will blame the Republicans for the ensuing crash.
Most recently I suggested the same here and on a couple other posts prior to this one.
http://www.freerepublic.com/focus/news/3342484/posts?page=95#95
That may be "officially" true, but it doesn't explain the angst whenever the Fed is mentioned as far as raising interest rates, which may not be zero but are still at a point to be effectively non-existent as far as Joe Blow is concerned and trying to keep his savings from going South.
Sorry, missed your post.
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