Market Currents
Central banks are preparing for coordinated action to provide liquidity if needed following this...
-
Thursday, June 14, 2012, 3:09 PM ETCentral banks are preparing for coordinated action to provide liquidity if needed following this weekend's Greek elections, according to G-20 sources. Markets are flying.
Other date
Latest Articles
This news story has 46 comments:
This market is insane!
And we are going to get QE?
BUFFALO CHIPS!
Short covering and getting ready to redeploy!
Garbage in garbage out!
Where is the hyperinflation? Where is the collapse? Hahahahahahahahahahah!...
US bonds kicking the as$ of a the piece of trash gold this year....
Why else would Bernanke gamble with QE garbage if he was not pissing his pants over deflation!
This is the endgame folks and god help us,
nothing to laugh at!
The concept of falling interest rates gets much less scrutiny - particulary the effect of faling interest rates on debt holders. Just as inflation makes existing debt easier to pay, deflation makes existing debt harder to pay. It may be counter-intuitive, but it really works that way. And all debt holders suffer under the burder of "fixed" debt payments as wages fall, GDP flattens or falls, etc.
The end result of delfation is destruction of businesses and capital. So you may "think" that lower interest rates will raise the selling price of debt. But the question will ultimately be....will the debtor be able to pay the debt back. Consider the EU situation today. Bank bondholders are getting wiped out.
I don't know what to do about all the "kids" these days, who are now, in many cases, upper twenties and early thirties. I see some out there and I just wanna grab them and shake them and say, "Do you have any idea what's going on and how rough your life is gonna be?" But I don't - except for my kids. I don't know how you teach independence, industry, thrift and self reliance - except to keep hammering in it.
is this from tim geithner
Bernanke does NOT want to do QE so he has some shill leak this garbage!
Does nothing to restore confidence!
Undermines everything we once stood for!
The BS pop was sold with both fists...
I am doing just fine with my local credit union. Screw the TBFTB (too big for their britches) banks.
It's corporate welfare to the rescue yet again. Apparently the bulls don't believe in free markets anymore. Nor do they believe in socialism or welfare, unless of course it's corporate welfare and privatize the profits but socialize the losses. Bernanke has become the chief welfare distributor for banks and corporations and wall street.
1) Spanish bailout (which did nothing)
2) Chicago fed official speaking about QE
3) More whistling about QE
4) Now G20 intervention in case the Greek election
My question ... which Fed official or a "friend" of the government or the "well connected" has enough money on the line to play stock market intervention every time reality sets in? At this point it has gone beyond ridiculous. And they point at the Chinese rigging their currency. What do you think the Fed and the rest of their cronies are doing to our markets?
Can't wait to see all the sheeple lose their shirt when the SP500 hits 500. Blindly follow bernanke and company to your ultimate demise. Hay guyz, uncle ben said we are in recovery, letz buy tbillz!
As Terrell Owens used to say, get yo popcorn ready. Looks like the fall surge that i've been waiting for might come a few months early.
I say.....it gives all world countries cover to print as much money as they want to. why is the euro keeping its 125 to 100 balance with the dollar? it is because the fed is printing to keep them both in balance, thus giving the euro cover to print it's problems down the road for a few more months.
stocks seem to be going up, but they are just inflating with the increase in printed fiat currencies.
there will come a time, real soon, that everyone will see what was done to the world tax payer, and when that happens, I won't feel sorry for all the world politicians, as their lives will have the same value as their currencies, that they stole all the value from.