iBankCoin

WHERE THE FUCK IS YELLEN?

So when Greece was a problem for Europe, it was befitting for the Fed to intervene with QE, in order to prop up markets. But when China implodes, the single most important market in the world next to America, they talk about raising interest rates?

Are these people out of their fucking minds?

Janet Yellen has been all but invisible during this crisis. Maybe she should take a look at the banking sector today and bear witness to the amount of losses that has afflicted shareholders. All of the crisis’ that have victimized investors over the past 6 years are child’s play compared to a potential China crisis. This is the biggest event to hit the markets since the housing bust.

Lo and behold, the Fed is acting in the same manner that they did back then: doing absolutely nothing.

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27 comments

  1. blahblahblah

    down 500 every Monday

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  2. goose20

    It’s just a 10-15 percent correction.

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  3. gapfiller

    CVS had a sale on Werthers Original candies — 3 bags for $5, a savings of $1.50 — so Grandma Yellen drove her Buick down there this morning to procure several bags.

    We all should hope that she is able to return to her duties by tomorrow, but someone foolishly told her that sweaters with large pictures of cats on them are going on sale at “the Payless” tomorrow morning, so she may find it necessary to browse those wares as well.

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  4. juice

    don’t disturb her, she’s takin a nap

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  5. jonny

    “So when Greece was a problem for Europe, it was befitting for the Fed to intervene with QE, in order to prop up markets.”

    Hey?

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  6. it is showtime

    SHOWTIME TRADING

    1. inverse — JAPAN
    2. inverse — REALESTATE
    3. inverse — BIOTECH
    4. inverse — EUROPE
    5. inverse — DJIA
    .EWV.DRV.BIS.EPV.SDOW

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  7. tradingmantis

    3x etf bull options anyone? The coke speedball of trading.

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    • MoonshineDelight

      Leveraged ETFs? Childs play… you want to play with real bullets? go have a look at the front month SPY/QQQ option chains.

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  8. traderconfessions

    Nobody is raising rates in this environment. In three days the market can be up 1000 points and everyone will be whining they missed the move. There are lots of companies that have no China exposure and falling oil prices should help lower costs for many. Expecting QE at this point is a little desperate.

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  9. Marc David

    Exodus will save the day!

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    • alf44

      .

      “Marc” … a quick unrelated “nutrition” question !

      Are you still a proponent of …

      the “Carb Backload” and “Carb Nite” protocols espoused by John Kiefer ?

      Thankyou in advance !

      .

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      • alf44

        .

        a simple yes or no !

        —–

        But feel free to expand !!!

        .

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        • Marc David

          I’m a fan but only in the sense it’s fun to do and if it works for your lifestyle. I had a great time on CBL! But did I keep doing it? No. I went back to the good old standard of regular eating which suits my needs. I see lots of posts on how it’s magical and it’s the best way to do such and such. Not true. I think a lot of the science is cherry-picked. That being said, it does work because frankly, it’s a way of eating to hit marcros like anything else. Do I think eating carbs at night will yield better results than somebody who has carbs at breakfast? I do not. I noticed some interesting things like not being as hungry during the day when I cut out carbs until after the workouts. That was neat. But I’m a fan. I think it’s interesting. It was fun. If it fits your lifestyle, it sure is a cool way to eat. Is it better than other methods (plans) of eating? I don’t think so. I’ve seen very very successful people not using those techniques simply eating below what they need and weight training hard and they look lean, muscular, etc. Again, it’s fun and it might be the perfect fit for your particular style of eating and timing.

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  10. superpositron

    Who cares. Let markets courrect.

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  11. xxxhuggiebearxxx

    Take down the bull, put up the family of bears.

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  12. sia

    Here are two things that can happne
    Yellen announces rate increase: markets will fall
    Yellen announces no rate increase: markets will fall

    We are bear market till late November/December

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  13. levrage

    I heard she was playing baccarat in Macau

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  14. tradingnymph

    I am still waiting to blog until SPX gets back under 1755ish (which is where it should have topped). Stupid Shanghai Copper Bubble. I am really amazed that the shanghai commodities popped and STILL Market moved up. Ciao…Back to my bear cave to pout…stupid bubble.

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  15. sethster99

    Uvxy long and strong. To 300 and beyond

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