The Gross man is right. The Fed had a window of opportunity to hike rates and squandered it. Instead, we are stuck with fucking assholes thinking the market is primed for a 100 bps hike into the teeth of a global equity collapse. If it wasn’t so god damned funny, it’d be sad.
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Joined Nov 10, 2007
23,455 Blog Posts
The homeless are starting to congregate at the gates of my neighborhood like in some George Romero film.
they could have jawboned it lower at any time. in fact, they cooed it higher time and again. agreud, a rate hike was unnecessary, but the incessant cooing and stick saves was getting on my nerves so now we will get both. cooing, AND a rate hike. :vomits:
Bill Gross is a nuthead. And also, if the market continue likes this, there is no chance the fed will raise rates again. Be assured my friend.
They planned this dude. Gut the economy for all it’s worth. Distribute all the shares during that rounded top… crash it… buy it all up like Blackstone did with housing. Same old same old bubble bust economy. It’s a ponzi, babe…
We’ve seen our last FED rate hike ever.
Fed is always late to the party and then stays too long.
“They’re nuts!! They’re nuts! They know nothing!”
Jim Cramer – 2008