A Word From Bob

As Seen & Heard

Contact Us

rss

Invest Yourself

The FREE Investment Newsletter That Really Works!

9.18.2013 Federal Reserve Decision Day! Bookmark

Today, Wednesday the 18th we're finally going to get the decision from the Federal Reserve concerning what they're going to do with their QE program. They've said since June that they felt it was time to start to remove some of the accommodation from the system, and that cause the
Today, Wednesday the 18th we're finally going to get the decision from the Federal Reserve concerning what they're going to do with their QE program. They've said since June that they felt it was time to start to remove some of the accommodation from the system, and that cause the US markets to fall over 4% as they fretted about less money flooding the system. So, today we get to find out what they're really going to do. Will it be 'no" cut in the amount of money they jam into the system? Will they "taper off" slowly, starting with a 10 billion a month cut?

Don't forget, they are printing up and distributing 85 billion dollars a month into the economy. That is over a TRILLION dollars a year. Think about that for a minute. At the very same time they are pushing a trillion dollars into the economy, Fedex came out today saying that global strength is "tepid" at best. So if things are tepid with a trillion worth of stimulus, how will it be "less tepid" if they taper? It can't.

So, at 2 pm... we find out what they're going to do. I'm saying 0 to 10 billion, since they sort of backed into a corner with their statements. We'll see.

Showing 0 Comment

Social Media

Bob Recommends