“When it comes to hubris, nobody beats the Federal Reserve.” – Rick Santelli
Steady as the QE goes, but the Fed is fully prepared to ramp up printing if it thinks it has to.
Tag Archives: easing
If I Were ‘Dictator,’ QE Would End Now, Fed’s Lacker Says
Every politburo has got at least one trouble maker. The Federal Open Markets Committee is no different, Jeff Lacker serves this roll to a limited extent.
In the attached interview Mr. Lacker says a number of interesting things, among them that economic expansion after 2007 is in his opinion a break with an historical trend line (which will continue).
Addiction: Bank of Japan to pump $1.4 trillion into economy in unprecedented stimulus
Just one more hit. That will make everything better. Just…one…more…hit……….
Not only is the Bank of Japan going to buy huge amounts of government bonds, but it’s also going to buy stocks, ETFs, and real estate investment trusts.
“This thing known as the “market” died some four years ago.”
ZH reports on Bank of America’s admission that “today’s stock market has lost some of its ability to reflect underlying economic trends.”
Well, no kidding. Even Bloomberg.com is saying officially that the markets are rigged and we investors had better just get used to it.
Is the Fed telling us the “good times” are over?
The tone of the Federal Reserve has shifted a bit. Is it broadcasting a new tightness? Maybe. We’ll find out soon enough.
