FetteredChinos
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not sure. but im not going short til we hit 10,300.
staying out til the path becomes clear.
i would prefer a move up to 10,300 before hitting 10,100. but these weeks can all go tong.
i presume an interest rise is taken for granted..
wonder if it will be .25 or 0.5
hmm
staying out til the path becomes clear.
i would prefer a move up to 10,300 before hitting 10,100. but these weeks can all go tong.
i presume an interest rise is taken for granted..
wonder if it will be .25 or 0.5
hmm
peterpr
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FetteredChinos said:
Can't remember where amid the masses of stuff read today, but it convinced me that a .25% rise is priced into bonds 100%. Consensus on NASDAQ site survey is also 100% for 0.25%.
The only room for serious conjecture is in weather or not the accompanying statement will materially alter the 'measured increases' phraseology and weather or not they might take the opportunity to give the impression that 'inflationary fears' are now receding a little. They can hardly do that if they hike the rate by 0.5%.
If it's .25% and the statement minimises inflation fears - it will probably be like rocket fuel.
Either way I'm staying clear until things settle down a bit.
peterpr
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Here's the article on the FOMC meeting today. Worth a look:
http://www.gillespieresearch.com/cgi-bin/s/article/id=540
http://www.gillespieresearch.com/cgi-bin/s/article/id=540
FetteredChinos
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oh the Tony and Gordon comedy show continues
http://politics.guardian.co.uk/election/story/0,15803,1475540,00.html
and just why are mortgage rates so low, apart from giving independance to the B of E, them cutting rates as industry/commerce has ground to a halt because of economic cycle/bizarre government spending.
good one.
it saddens me that the electorate might swallow this bowlarks..
http://politics.guardian.co.uk/election/story/0,15803,1475540,00.html
and just why are mortgage rates so low, apart from giving independance to the B of E, them cutting rates as industry/commerce has ground to a halt because of economic cycle/bizarre government spending.
good one.
it saddens me that the electorate might swallow this bowlarks..
FetteredChinos
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i did get something, shunted through my burgeoning letter box the other day, called a "preferendum".
basically listed the main parties manifestos and asked me to tick those policies that i agreed with etc.
then of course, fill in my name and address, and send it back to them.
of course i didnt fill it in, as i didnt want a monthly subscription to The Watchtower, or whatever, but it did make me think.
why dont the parties actually do this themselves?
focus groups dont count..
it would make things so much simpler, and actually reflect what the people want..
have the BNP removed their compulsory gun ownership policy yet? that cracked me up.
basically listed the main parties manifestos and asked me to tick those policies that i agreed with etc.
then of course, fill in my name and address, and send it back to them.
of course i didnt fill it in, as i didnt want a monthly subscription to The Watchtower, or whatever, but it did make me think.
why dont the parties actually do this themselves?
focus groups dont count..
it would make things so much simpler, and actually reflect what the people want..
have the BNP removed their compulsory gun ownership policy yet? that cracked me up.
peterpr
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Because it costs time, energy and moneyFetteredChinos said:
But they are frighteningly effective - as amply demonstrated by the current state of the apologies for democracy that hold sway both here and in the US. If the focus group research says you can get away with it - then you can - no matter who it involves screwing.
What a delightfully wide-eyed view of what politics should be 🙂
