This should be an easy trade.
If the verbiage coming out from Janet Yellen’s big fat brooklyn mouth is hawkish, get long banks. You want to do this only if rates are shooting higher. This will most likely lead to a steepening of the yield curve, a major profit centre for your local banker.
If she sounds dovish, the quick and easy trade is to be long treasuries, utilities and REITs–pretty much anything yield oriented.
I doubt the market will move big in either direction. I just don’t see this meeting as a nail biter. Most people are expecting a slightly hawkish tone to the meeting, so it should be business as usual.
Nonetheless, you should build a quick list of super-regional banks that might move on the announcement.
If you enjoy the content at iBankCoin, please follow us on Twitter
Gramma Yellen is sure to keep this party going. Gramma Yellen is a firm believer in the notion that a little bit of inflation is good for the soul, and even if it gets carried away a little bit, its worth it.
No way Gramma Yellen sounds hawkish while they are bringing QE to an end.
The promotion of hashcoins will be the topic of discussion
where’s the scenario where we grab the Senator Gint porfolio? aka the Ron Paul portfolio
rates wont move until after mid-terms..
I will be discharged from my nursing home and an experiment at the UCF medical school (or ashes dust in the wind) before this happens.
We have structural problems in this country and pedal to the metal will only keep us afloat (maybe).
See Japan post- 1990.
Let’s hope Grandma Yellen took her 27 pills this morning (with 4 of them ironically being biotech drugs) and doesn’t do nor say anything too rash
There is the Fed statement, a rally, a reversal, a press conference, then a reversal of the reversal.
Too confusing.
Time for a nap.
Boy what high drama….
It just came to me.
Bill Gross looks like that alien in the American Dad cartoon.
Roger (the alien)= Bill Gross.
http://animatedtv.about.com/od/americandad/ig/American-Dad-Pictures/American-Dad—Roger.htm
I can smell the bear capitulation
Yellen reads like my Grandma used to read to me.
Obviously, a grad of P.S. 39 in Brooklyn.
Mrs. Wilson from dennis the menace
You nailed it.
Definitely not as hot as June Ward.
regardless, buy NUGT
difficult to listen to. How about an ASL interpreter?