world stocks fall as Feds do no stimulus

[Truthmatters]

Stocks fall as Fed chief disappoints on stimulus - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

MILAN (AP) - World stock markets dropped Friday after the U.S. Federal Reserve chairman disappointed investors that there would no immediate action to jump start the world's largest economy, wiping out any gains from China's surprise interest rate cut.

In an appearance before members of the U.S. Congress, Ben Bernanke avoided giving any signals about what the Fed might do in response to a slowdown in hiring. The 69,000 jobs created in May were the fewest in a year. And China made its first interest rate cut in more than three years, but not enough to excite market interest.

Markets, instead of reacting to the cut, were also bracing for the possibility of glum economic data from China over the weekend.

 

[Truthmatters]

so if stimulus is what the market is cryng out for why is the right against it?

 

[KissMy]

The Fed is pushing on a string. China has stimulus bullets left & fired one a couple of days ago. it only gave a 2 day pop in the market. Today is going to be major down. Europe needs to do something.

 

[Papageorgio]

Stocks fall as Fed chief disappoints on stimulus - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

MILAN (AP) - World stock markets dropped Friday after the U.S. Federal Reserve chairman disappointed investors that there would no immediate action to jump start the world's largest economy, wiping out any gains from China's surprise interest rate cut.

In an appearance before members of the U.S. Congress, Ben Bernanke avoided giving any signals about what the Fed might do in response to a slowdown in hiring. The 69,000 jobs created in May were the fewest in a year. And China made its first interest rate cut in more than three years, but not enough to excite market interest.

Markets, instead of reacting to the cut, were also bracing for the possibility of glum economic data from China over the weekend.

I haven't seen the stimulus work anywhere not the nine times they did it in Japan, not any of the European countries, here in the U.S. China tried a very small one and is doing better than the rest of the world, maybe cutting government spending and lowering taxes for everyone will work, we haven't tried it yet.

 

[Rat in the Hat]

 

[kwc57]

so if stimulus is what the market is cryng out for why is the right against it?

Because it treats the symptom and not the disease.

 

[tjvh]

so if stimulus is what the market is cryng out for why is the right against it?

I guess the theories that the Right is nothing more than wealthy big business people has been blown out of the water... Thanks.

 

[iamwhatiseem]

Isn't it great how the Truthsmatters's of the world make such fools of themselves?
In what world does a liberal like TM think that it is good to transfer everyday American taxpayer money to the wealthiest and most corrupt corporations in the world??

This just shows you the level of retarded bias and blind stupidity of some people. The past stimulus gave $100's of billions of taxpayer dollars directly to the very corrupt institutions that created the mess - and liberals are mad they don't do it again??
Keep in mind the TM's out there scream about the lack of regulations, and everything is due to an unregulated market...but get mad that they don't fork over $billions to this very market with no strings attached....just hilarious.
Bizzaro world.

 

[Paulie]

so if stimulus is what the market is cryng out for why is the right against it?

Stimulus is what INVESTORS are calling for because it increases asset pricing.

 

[Mad Scientist]

so if stimulus is what the market is cryng out for why is the right against it?

"Stimulus" is a Federal Reserve "Gift" to Banks, some of them foreign, to play the stock market with. About 7.7 Trillion since 2008.

When they realize there won't be any "free money" to play with, of course the markets fall. That's the real economy.

Even Al Capone knew the Market was rigged and stayed out of it.

 

[Truthmatters]

so if stimulus is what the market is cryng out for why is the right against it?

Because it treats the symptom and not the disease.

dear idiot,


your whole world philosophy on the right is that the MARKET KNOWS BEST!


this is the market tellling you brain dead assholes that it wants stimulus.

 

[Truthmatters]

THE MARKET WANTS it

 

[tjvh]

the market wants it

the taxpayers don't.

 

[Truthmatters]

oh really which ones?

Oh only the ones you care about huh?


Dear asshole,


why is it you only want to listen to the market when it agrees with what your masters tell you to think?

 

[Truthmatters]

You guys say you love the constitution.

Then you try to fuck the constitution.


You guys say you love the market.


Then you tell it to fuck off.




Who is you real master?

 

[Truthmatters]

hmmmmmmmm


they have no damned answer for their bailing on listening to the market?


If the market is NOT to be believed and trusted then why do you always say it is what should run this country?

 

[tjvh]

oh really which ones?

Oh only the ones you care about huh?


Dear asshole,


why is it you only want to listen to the market when it agrees with what your masters tell you to think?

You are living proof that people on Public assistance do not contribute to Society. All you have is your disdain for people who make more than you do, and your big potty mouth to spew it.

 

[iamwhatiseem]

THE MARKET WANTS it

I can only marvel at the shear density of the fog that surrounds your brain.
This thread is equally as stupid as your claim that China's economic "success" over these years was due to $198 bn "stimulus" they performed that WE PAID FOR.
Wow...that dog in your avatar understands more than you do.

 

[KissMy]

Europe hates Obama!

 

[Truthmatters]

So is the market king in the republican world or not?