 Eastwood123 
Member
Joined: Feb 2001  TX, USA
 Posts: 2413 Feedback: 100% (14) |
Posted: 7/30/2012 10:08:35 PM
[Last Edit: 7/30/2012 10:10:12 PM by Eastwood123]
THE IMAGE ABOVE IS A PAID ADVERTISEMENT Anyone think helicopter Ben will actually pull the trigger this week? If I was in Vegas, I would lay odds on him doing nothing but more "jawboning" for now. There hasn't been enough of a drop yet, IMHO. link |
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Posted: 7/30/2012 10:41:09 PM
My feeling is that he will try to hold off again, markets will go sideways into the announcement, react, and all will be like it has been. Schumer will run his mouth, congress will drag their feet, and Big Ben will inevitably go with QE3. Ugh.
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Posted: 7/31/2012 7:50:48 AM
Neither one will do anything.
The FOMC will go like this "Blah blah blah, nothing nothing nothing, rates low 'till 2015, blah blah blah more clarity, September, blah blah blah." At the ECB meeting the Bundesbank is going to smack some sense into Draghi. |
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Posted: 7/31/2012 11:50:23 AM
Ben won't do anything this week.
They are saving QE3 for closer to the elections, if at all. |
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Posted: 8/1/2012 10:16:33 PM
[Last Edit: 8/1/2012 10:17:00 PM by Eastwood123]
Good call everyone, now its wait and see what the ECB does tomorrow.
Ben does nothing...but more jawboning... |
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DigDug
God Emperor of Dune
Life Member
Joined: Nov 2001 ND, USA
Posts: 25213 Feedback: 100% (2) Link To This Post |
Posted: 8/1/2012 10:20:01 PM
Won't do anything. Nothing has worked up till now, so why do somethat that will fail again.
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