A Word From Bob

As Seen & Heard

Contact Us

rss

Invest Yourself

The FREE Investment Newsletter That Really Works!

10.27.2014 Not Again! Bookmark

Last week we found out that a doctor had supposedly tested positive for Ebola in New York, which got people a bit nervous. But they saw that down in Dallas it didn't seem to spread much, so they found hope in that. Today we hear a five year old boy is in the hospital in NY being tested, and this kid had recently returned from Africa. Once again folks are sort of nervous buy they're hiding it well. Sort of like kids whistling past the graveyard.
Last week we found out that a doctor had supposedly tested positive for Ebola in New York, which got people a bit nervous. But they saw that down in Dallas it didn't seem to spread much, so they found hope in that. Today we hear a five year old boy is in the hospital in NY being tested, and this kid had recently returned from Africa. Once again folks are sort of nervous buy they're hiding it well. Sort of like kids whistling past the graveyard.

Today happens to mark the end of "POMO" or the fed's permanent open market operations. This is coinciding of course with the FOMC meeting this week and the overall end of QE. It will be interesting to see just how brave the market gets when a huge amount of "punch" has been removed from the bowl. They're really going to have to "dig deep" to push this market higher without all the extra cash sloshing around. We could see some more wicked volatility this week for sure. Stay tuned.

Showing 0 Comment

Social Media

Bob Recommends