Quote:
Originally Posted by cabmando
Congratulations tabs... you've finally figured out that the FED has some affect on the stock market! Wow! such an epiphany! People are betting on a rate reduction... they're placing a risky bet unless they're figuring that rate cut will come later in the year if things don't straighten out.
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Well there you go again....it is not the rate cut itself that Equities are keying in on.
.BUT WHETHER OR NOT THE FED HAS A ACTIVIST POLICY. OR NOT...When the FED went neutral the bottom fell out..and only recovered when the FED changed back to an activist policy.
For such a smart guy you sure can't see beyond the trivial..to see the larger dynamic in play. But dont feel so all alone most people are stuck in the same perceptional bog as you are.