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What do they know that we don't know?


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greenie invokes japan liquidity-trap scenario ... Fed discussed unconventional measures (what to do after rates are cut to zero) at its June meeting ... still have 100 basis points of ammo left.

 

Conclusion: we will remain "highly accommodative for as long as it takes to achieve satisfactory economic growth."

 

Party on!

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tell ya the truth, I say now is as good a time as any for them to hammer Gold. Let um take it take it dowm all week. The cork wil pop up right after we all add to positions.

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Refi market disappearing right before our eyes.

 

10 year yield now at 3.80%

 

What are you going to do now Easy Al.

Doesn't seem to be bothering the homebuilders. They just keep buying and buying them. :unsure:

The cost to buy a home goes up DRAMATICALLY during Easy Al's speech, and the homebuilders continue to go up.

 

Did I miss the meeting where logic and reason were no longer considered important.

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