Fed announces no eminent increase or decrease in interest rates.
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Economic indicators do not seem strong enough for the Fed to pull the trigger on an interest rate hike.
both up significantly right now is all I can say.
No imminent, pending, or anticipared increase either
a bit of a reference to December, but followed by “no imminent, pending, or anticipated”!
anticipated……..it is suggesting anticipared again …..what ever that means.
I hate iPads.
The return of the iPad! They are possessed and have a mind of their own?
Lost ball in high weeds.
Cubs and out fielder Fed….losers
Leave my golf game out of this!
How many times do folks have to say monetary stimulation is effective ONLY to a limited extent. What is needed is fiscal action…..cutting tax rates, cutting government waste, keeping federal expenditure in check.
We have, however, a corrupt, largely incompetent body of politicians, and an executive branch, ignoring constitutional constraints, and seemingly intent on destroying the greatness of the US as we once knew it to be.
Fed has become World Central Bank
The U.S. Federal Reserve left interest rates unchanged yet strongly indicated that it could still tighten monetary policy by the end of this year as the labor market improved further. Wages are actually rising because the work force is aging actually reducing the availability of workers in many skilled areas other than doctors, lawyers, and politicians.
Janet Yellen stated bluntly that U.S. growth was looking stronger and rate increases would be needed to keep the economy from overheating and fueling higher inflation. But this does not take into account fiscal policy, which the Fed cannot control.
Emerging markets accumulated dollar debt equal to about 50% of the US National Debt. A US rate hike will cause problems in that area while it will signal also disaster for Japan and Europe. So the statements of Yellen may sound unimportant, but there was no discussion of negative rates coming from the Fed.
No doubt about it.
Small business creation is becoming extinct. There is too much regulation which leads to too much responsibility. This is a result of governmental laws and regulation.
Think about a startup business. A rogue employee can claim all kinds of different harassment or injury cases forcing payouts and huge liabilities for a company.
Then, on the legal side, to have your basis covered, the expenses are huge. Insurance, contracts, etc. There are so many laws and regulations, one can never possibly be compliant and there is risk of exposure everyday. A permit and fee for everything. Obviously, some states are much worse for business formation than others. Big business with big pocketbooks can fight this; however, any of these situations would bankrupt a small company.
The Fed is a criminal organizations….why spend anymore time on this “crap”(chris’s term)
🙂
plusssss twwwooo
I would maintain that the Fed is doing what it has to do as I outlined in this editorial.
I maintain, the Fed watch is and has been a waist of time , nothing has changed .
Waist….fat asssss remark, should be “waste”
I love this phone,
Cory and Doc. Your 1275 call isn’t looking good. I was thinking it could touch 1300 but after the strength we seen today. I think that was the bottom. Gold is looking strong. The closer we get to the election the better gold will do. it wouldn’t surprise me if we see 1500 before the end of the year.
+1
plus 2
I agree, but keep in mind that it has not necessarily gotten any worse.
At this time, I don’t like any calls below 1300!
1307 is the number 🙂
13….& 07 lucky number 🙂
7 is an ending number,7 days in the week, file bankruptcy every 7 years., 7 ft and you can play basketball and make millions.
Yes, this is getting past being old, Jerry. . .
That was in response to your “crap” comment way up above…don’t know how my answer ended up down here.
Why are we surprised that history’s greatest thieves are also impenitent liars?
Was Chris Temple really wrong?
1) Nobody new that int rates would or would not go up 2) Chris’ analysis was in fact correct and valid 3) When guessing, we need to consider all possibilities (especially when analyzing an insane system)
Thank you Mr. Temple for your input, it was very necessary!
China and Russia and ___________enter country here is laughing at us..we have become laughing stocks…unbelievable.
So, um, buy gold and silver?