May Philly Fed Business Outlook: Business activity -5.8 vs. 10.0 expected and 8.5 in April. New...

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eabyrd Comments (311)
 
And the markets pop on this news... God help us.
17 May 2012, 10:14 AM Reply Like

jwbrewer Comments (317)
 
QE 3,4,5...as far as the eye can see.
17 May 2012, 10:15 AM Reply Like

bl5150 Comments (4)
 
Yep - you can feel the "so bad it's soooo good" trade picking up steam
17 May 2012, 10:23 AM Reply Like

eabyrd Comments (311)
 
Spot on jw... Big Ben is ready to go!
17 May 2012, 10:20 AM Reply Like

eabyrd Comments (311)
 
Treasuries gapped down right upon that release. Now sitting at the lows. 10-yr below 1.75% and 30's below 2.87%. Nothing to see here folks. Move along.
17 May 2012, 10:36 AM Reply Like

youngman442002 Comments (4978)
 
Where is BBRO....."no recession here" lol....look at the employment part of this report....huge drop
17 May 2012, 10:46 AM Reply Like

Moon Kil Woong Comments (8817)
 
I think Fed easing after the election is probably imminent. If gas prices remain contained even before may occur. Before the election people in the know may already run up assets that will be affected.

You still want to own precious metals and fairly secure high yielding corporate bonds.
17 May 2012, 11:21 AM Reply Like

eabyrd Comments (311)
 
Gas prices are hardly contained, but I agree, it's looking more and more imminent that another QE is in the works.

Also, when you say "fairly secure high yielding corporate bonds," are you referring to investment grade or "true" high yield bonds? The latter is far from secure and 7.3% is certainly not high yield compared with the risks. That truth about those high yields is coming out - check out HYG or JNK today.
17 May 2012, 11:26 AM Reply Like

winningtrader Comments (2265)
 
I actually think June or July This is Goldman's call and I think that makes sense. It is not obvious but I think chances are it will happen then. The FED has to help Obama as well - they always do that.
17 May 2012, 01:54 PM Reply Like

eabyrd Comments (311)
 
Yup... and the market will rally in to the elections and Obama will proclaim success.
17 May 2012, 02:22 PM Reply Like