It’s Friday, so don’t expect anyone to pay attention to the Fed comments made today. But they’re off their fucking rocker again — discussing the specter of raising rates AND reducing the balance sheet — at the same time. If you’re a student of history, like myself, you’d know that any time the money supply was fucked with and greatly reduced, subsequent crashes ensured.
Well, what do you think will happen to stocks if the Fed reduced their balance sheet by $2.5 trillion and hiked rates to boot?
Here are the lowlights.
If you enjoy the content at iBankCoin, please follow us on TwitterVia Briefing.com
Fed’s Williams says wage growth has been stubborn; Would like to see jobs growth get to 180K; Believes April data showed that Q1 was an aberration
Fed’s Bullard says it is odd that Fed is raising short term rates and not shrinking its balance sheet; Fed’s Rosengren says that Fed will hit zero rates and could also theoretically expand the balance sheet in future recessions
Fed’s Wiliams sees U.S. at full employment, maybe a little beyond; Fed’s Bullard says could shrink the balance sheet to as low as $2 trill
Fed’s Williams says makes sense to unwind balance sheet later this year; Fed’s Evans says balance sheet is very large and needs to shrink
Fed Chair Yellen does not address monetary policy or economic outlook in prepared remarks; Remarks center around gender pay inequality
Fed’s Williams says Mortgage and Treasury bonds to eventually roll off, not worried it would hurt GSEs
Fed’s Williams says Fed should consider adopting inflation price-level targeting; New frame work implies lower for longer rates
Fed’s Bullard (Non-Voter) says current Fed rate reasonable; would not oppose one more rate hike this year; Has delayed trimming the balance sheet for too long, wants to start trimming in 2H17
Fed’ Fischer prepared comments focused mainly on Fed need to avoid a simple rule (meaning the Taylor Rule often discussed for managing rates); No comments on the economy or monetary policy at the moment
Sometimes the Fed jawbones about things without doing them, or jawbones for a long time before ever doing them. I guess we have to hope that this is one of those times.
Speaking of jaws, how often is cock in yours?
XD
Frog, stick to human relations. You’re not much of a financier…
Kashkari is probably the most sane of the Fed governors since he is opposed to rate hikes. He’d rather be late in raising rates than early. Uh–yah.
Friday afternoon isn’t jawboning
It’s a preparing conditions which would derail or blackswan Trump. I’ve contended they are elevating indexes for controlled demolition at the same time setting up controlled demolition (potential Not definite). Preelection the manipulation was to glide hrc in. Postelection they’re just bubbling it.
Balance sheet and rates ridiculous? No you fuckers they gave you drugs. They can take the cocaine away. Man up.
recall: elevating indexes for controlled demolition
replace: elevating indexes in jest, just to do it
When is the next occult symbolic date, and where will the indexes close in it?
Yes, please enlighten us to when the next series of dates and numerical events will coincide and how that will affect price action? Otherwise one might get the impression that you’re simply apophenic.
You really couldn’t look like more of an idiot suggesting tea-leave prediction was what I did, or was touting.
Landing on SPX 1666 on a certain date was clearly intentioned. If you looked beneath the surface. That was 4 years ago. Think they’ve improved a couple notches since then?
Not into the occult. I point out coincidences that look like more than coincidences. Control of markets means numbers can be played with (NO SHIT DUH) You morons are obviously beneath that comprehension.
Today, looked like short squeeze centra, no?
Thanks for the confirmation.
Showtime: How are those ESL classes coming along? You failed? Again? Don’t give up brother, 6th time could be a charm.
No matter what the fed does the markets will rip higher. They could hike to 20% and this market would motor higher because MUH Amazon and Tesla and Apple
Until they crash. Fine with me.
…and at least a 10% market CRASH is coming
at any time within the next several months.
Markets are WAY overpriced
Time to load-up on Gold and other such insurance.
Possibly GDX,GLD and…the like. ` o(^_^)o
But is it now or 20-30% higher? How many licks DOES it take to get to the center of a tootsie pop?
The higher it goes…the more (deeper) the crash. ` o(^_^)o
SPX and cumulative advance/decline near all-time highs together. That usually is positive for returns going forward.
You thinking we are in blowoff mode?
It doesn’t matter. Us indexes, Primary euro indexes, Nikkei are just about totally commandeered. Notice I say “just about totally” for credibility. The ignorance of the populace to valuation, and celebration of constantly rising stocks, is more relevant. CBs and Proxy cbs know they can’t elevate the mirage much longer, they can hold it, but if they desire a reset its probably not far away now
You are playing a schtick, right? Otherwise, you are basement deep in gold and silver with Internet coins galore by now. Fuck stocks.
Lolz, preach it sister Yellen.
Everything is irrelevant. Everything is fake news. Wake up and cry for Jimmy the bitch Kimmel. Cry faggot Cry.
What the fuck happened to Jimmy is what I want to know? Went from funny, to hormonal imbalanced crying and politicizing everything – even a newborn kid. Yeah, watch as an ultra rich tries to teach all of us and a 100 day in President a lesson.
These guys get paid paid the big bucks to shill hard.
OT. Anyone like trucking here? I see dope setups abound. The game is ever changing.