If Fed Slows or Stops Cutting- It's When Bear Market Stops

Here is another side kick from Jon Nadler

Anything to avoid a fall to the 1980 high of $845 is now seen as practically vital. Equally vital, but less likely is the Fed's stance on rates. The perma-bull newsletter vendors who argued for rates going to zero and interest rate cuts persisting well into the year now have their inboxes full of demands for an explanation from subscribers who keep reading more and more news items about the imminent end of the aggressive accommodation campaign by the US central bank.

gf

" Financial market commentators, especially gold oriented ones, seem to have been slow to pick up on this change in how central banks approach financial crises, even though the central banks have been quite forthright about how this works ('throwing money out of helicopters' is one often quoted and grossly misunderstood attempt at humor on the part of a monetary authority to describe the process) and the fact that this has been the primary approach to financial crises since 1982, for a quarter of a century. Books have been written about how central banks can and do work during this period, yet many market observers still refer to a central bank management model from the 1970s or 1920s as the model of how they think central banks work."

I'm confused, goflow. Your guy, Nadler, seems to be talking about the gold market. But in the title to your post, you refer to a "bear market." When you say "bear market," do you mean stocks, as measure by the S&P or Dow? What does Nadler have to say about stocks? Or, is it a position you're taking based on Nadler's view of gold and the Fed?

Dumb me, I thought the bear market in stocks ended early Monday morning on March 17.

Dumb me, I thought the bear market in stocks ended early Monday morning on March 17.

Yes.. it would seem many think that, after a double bottom and lift off.. after all, its happened countless times before, even during major financial crisis ala 1998. This time can't be different.

Ooh you bunch of RED noses. I really doubt if you have enuf to comprehend what Nadler has to say. I'll try to bring this topic up to date, up front to the board, for a not so cheat shot discussion, if you know how to do that. gf