The Fed/WSJ Rally

http://online.wsj.co...mod=WSJ_article

Above is the rally story,( Link to WSJ on line).

Just the first of the manipulations. The Fed knows that comtemplation may be better than QE itself.
But today seems to prove the Fed can not contol the public opinion of the markets.

They heard that bringing a knife to the gun fight says something about your judgment.

Keeping calm, waiting. The treasury secretary is telling tales to Congress and its not entertaining.
Seems he knew about Libor problems, but the Brits just ignored him. Thoughtless of them.

Watch gold if they decide to act. Islander.

http://online.wsj.co...mod=WSJ_article

Above is the rally story,( Link to WSJ on line).

Just the first of the manipulations. The Fed knows that comtemplation may be better than QE itself.
But today seems to prove the Fed can not contol the public opinion of the markets.

They heard that bringing a knife to the gun fight says something about your judgment.

Keeping calm, waiting. The treasury secretary is telling tales to Congress and its not entertaining.
Seems he knew about Libor problems, but the Brits just ignored him. Thoughtless of them.

Watch gold if they decide to act. Islander.

Exactly, the threat of QE still works, why would they do QE ?

I'm thinking that by the time they will really do the QE it will be too little, too late and the market will react accordingly.

The "Communication Skill" is named by Chairman Bernanke as one of the monetary policy tools. Seriously.

From July 6...

According to various sources, including CNBC, market got a lift a little after 3:00pm by the headline news "Jobs Data Leave Door For Fed Wide Open" posted on the front page of the WSJ website by Jon Hilsenrath, aka "the Fed's mouthpiece".

The "Communication Skill" is named by Chairman Bernanke as one of the monetary policy tools. Seriously.

From July 6...

According to various sources, including CNBC, market got a lift a little after 3:00pm by the headline news "Jobs Data Leave Door For Fed Wide Open" posted on the front page of the WSJ website by Jon Hilsenrath, aka "the Fed's mouthpiece".

I know. Its absolutely obvious to everyone what they are doing. The problem will be when they will actually do it. Because they will do it when the times will be really desperate. But they won't have the guts to do a big one. ( not that any of them will help anyway) So they'll do a small/medium one and the market will say "not enough" and dump even harder. Because we are ripping all psychological boost of the benefit of it now.

Edited by ogm, 25 July 2012 - 01:33 PM.

http://www.businessi...-the-fed-2012-7


the fed is losing credibility quickly - if we get a qe3 rally i bet it won't last long if it all