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The Shape Of Things To Come?


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Proof that the Fed has been targeting the stock market from the Fed itself:

 

"While the data indicate that the Fed reacts directly to the stock market, statistical regressions do not reveal the motives behind this behavior. One possibility is that forward-looking policymakers view movements in the stock market as useful predictors of future economic activity. Another possibility is that policymakers act out of concern for market valuation. "

 

http://www.frbsf.org/publications/economic.../el2003-34.html

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Guest bullseatshitndie

seems like crapvision going out of there way to report nikkei plunge o/n, etc.

setting bears up for an options exp. blast sometime?????

 

es rolled right thru 20day ma today, 50day down near 33.50.

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