Market rallied yesterday after Fed announced low rates for 2 more years

Discussion in 'Economy' started by Paulie, Aug 10, 2011.

  1. Paulie
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    Paulie Platinum Member

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    Global markets rally on US Federal Reserve's economic stimulus | Business | guardian.co.uk

    So the Fed swoops in and stops the crash by promising that inflation will continue. This is proof positive right here that the stock market has really only been increasing because of Federal Reserve money creation. 2 more years of 0% interest just means 2 more years of increased inflation.

    Some of you prefer to think of this as the government saved you. And some of you are idiots.
     
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  2. KissMy
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    KissMy Free Breast Exam

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    No dummy - Obama saved us all. :lol:

    High taxes & inflation are great! :lol:

    John Maynard Keynes was a GOD! :lol:

    Anyone who would invest in Gold is a Kook! :lol:
     
  3. KissMy
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  4. iamwhatiseem
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    iamwhatiseem Gold Member

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    It didn't have anything to do with the rally.
    There are considerably more bulls than bears in today's market (duh)
    What you saw was a lot of bullish traders buying stocks that had lost as much as 20% of their stock value for no reason whatsoever related to their performance. Their chance at making money off those stocks are very good.
    Today, however what you are seeing is the continued sell-off after the "recess" of buying yesterday.
     
  5. Ernie S.
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    Ernie S. Platinum Member

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    Down $420 this morning. Fed policy ain't working, is it?
     
  6. BoycottTheday
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    BoycottTheday CEO

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    Im sure everything will be fine.

    :eusa_liar:
     
  7. iamwhatiseem
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    iamwhatiseem Gold Member

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    Everything will never be "fine" again unless we as a nation are willing to do what is necessary to stop the madness.
    1) Stop financing China's financial takeover...just go ahead and envision the shear misery in the world without the United States giving SOOOOOOO much to humanitarian needs. Take Somailia...United States - over $80 million so far, with a pledge of $100 million more - Russia an insignificant $5 million - China - we don't know, they SAAAY they have given a tiny $19 million, but no one is able to confirm it.
    This means STOP BUYING CHINESE PRODUCTS AMERICA.
     
  8. BoycottTheday
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    Naw, just junk all the trade agreements that stuck the US in the Eye and hit the chi.coms with a 20% tariff like Dr Savage suggested, then buy anything you want.
     

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