Quote:
Originally Posted by cabmando
I'd like to congratulate you on figuring out the market speculates on things.... including whether the FED will raise or lower interest rates. As far as the FED going "activist"... what made the market move recently was the FED taking a less aggressive approach to rate hikes. Yeah... the market moves based on speculation... epiphany.
|
In my fiscally conservative opinion, the FED had it perfectly laid out....nothing aggressive, actually...late imo. The gdp was 2.9 five years ago when they began their unanimous strategy....
They did NOT even make it back to 2.75 for the overnight to banks, and decided they were just going "keep" 2T of QE stimuli on their books after unloading a fraction
?
What happened on Dec 4th that caused the crash? Not the FED's .25/qtr increases....from ZERO...not to me.