i guess they iddnt like the det agreement

fas has a target of between 10 and 12. this thing is headed lower

fas has a target of between 10 and 12. this thing is headed lower

Markets are inflation valves - knowing this simple fact should allow most to trade. When you cut spending, stop Fed money - the net result is less inflation and stronger dollar. Those who run to Gold will soon learn this lesson as well.

I can see the stock market drop in US as the money flow drops from $100B Fed money to $10-15B (?) and it is not coming back. Honestly, even if the decline drops here, who will buy to support an uptrend like Fed did with $100B per month? Fed cannot buy about $100B per month either. The new coming Treasuries will be depressing the markets. Who will buy them? Debt-to-GDP ratio will be skyrocketing now that the new Treasuries to float the govt need buyers simply in the expense of the private sector or stocks. We are headed into the great(er) inflationary depression. The inflation component is hidden in the necessities, not in the headline index... Honestly, the debt charade made it obvious to the most clueless investor that US debt to GDP ratio will shoot to 130-140% in the next decade, US needs 6-7% GDP growth to remain par with the deficit and clearly we are headed into a recession and in fact much worse, yet the deficit spending can hardly go down. Nobody can pay that debt, it would be economically impossible to sustain such a company... What I am saying is that the inflation game will not work anymore.

i agree arbman. every game comes to an end. we have spent and spent and spent in this country and now the bill is due. the credit card is about to be rejected.