Federal Open Market Committee Statement

Federal Reserve Board of Governors ^ | 8/9/11

[DoughtyOne]

Even 363 down today means over 1000 down in 36 hours.

[tcrlaf]

The FED basically said TWO THINGS TODAY:

1) The Economy WILL NOT IMPROVE as long as Obam,a remains in office.

2) Who the hell is JOHN GALT, and what happened to all the productive people?

[markomalley]

It was down 205 a minute ago, and is now back to 86 down. This is a schizoid market.

Somebody is propping it up.

[houeto]

Huge jump just occurred.

[Moose4]

This is the part of the ride where I throw my hands up and yell “WHEEEEEEEEEEE!!”, right?

}:-)4

[Moose4]

Automated buy triggers maybe?

}:-)4

[tcrlaf]

SUMMER OF WRECKOVERY!!

[Dubya-M-DeesWent2SyriaStupid!]

[houeto]

SUMMER OF WRECKOVERY!!

That's a good one. Did you make that up?

[Son House]

The Federal Reserve said Tuesday downside risks to the economy have increased since its last meeting

Isn't that equal to the point as S&P downgrade, debt-to-income ratio?

[Son House]

Some investors that are panicked, the non-attentive passive investors, doing what has previously preserves their principle. Inflation will eclipse the static values over time.

[Right Wing Assault]

“My fellow Americans, just a quick message since I’m coming up to the tee for hole #4. I’d like to let you know that the Federal Open Market Committee says, “business investment in equipment and software continues to expand.”

This is a sure sign that the economy is roaring ahead and becoming more robust each day! This is a great sign that my plan, the stimulus or whatever we called it, it is working. FORE! Hook! Hook! Oh, damn! Cut that emeffing tree down right now!! And bring me a slice of the trunk.”

[Dubya-M-DeesWent2SyriaStupid!]

[nina0113]

Recovery Summer I
Recovery Summer II
Recovery Summer III
Recovery Summer IV
Recovery Summer V

You've got to admit it sounds better than 'Five Year Plan'.

[nina0113]

...what happened to all the productive people?

We're not working extra hours at the office, we're spending them building gardens, orchards and guest quarters at home.

[MichaelP]

Moreover, downside risks to the economic outlook have increased

You think? lol!

Mike

[caww]

Why is the market so fiercely volatile now? Some are dumping others buying...so when will it level out do you think?

[MichaelP]

The Committee also will maintain its existing policy of reinvesting principal payments from its securities holdings

Does that mean that the Fed will purchase more treasuries? (print money)

Mike

[John W]

The Committee also will maintain its existing policy of reinvesting principal payments from its securities holdings...

...this afternoon.

[OB1kNOb]

The Committee will regularly review the size and composition of its securities holdings and is prepared to adjust those holdings as appropriate.

Is this FedSpeak for, "we'll crank up the printing presses into high gear as soon as we can find a way to mask it and call it something besides QE3."?