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Not only is further stimulus off the table, but the Fed is likely to emerge from next week's...

Not only is further stimulus off the table, but the Fed is likely to emerge from next week's policy meeting with a slightly more upbeat view of the economy, reports Jon Hilsenrath. The fast decline in unemployment has taken Fed officials by surprise, and it could mean more underlying strength in the economy than other data would indicate.
Comments (31)
  • Lakeaffect
    , contributor
    Comments (968) | Send Message
     
    Let's hope so.
    4 Mar 2012, 07:06 PM Reply Like
  • ernemarti
    , contributor
    Comments (23) | Send Message
     
    Jon
    Are you saying that the FED is not now buying LT Bonds to keep interest rates low?
    4 Mar 2012, 07:09 PM Reply Like
  • Perkins Cove
    , contributor
    Comments (625) | Send Message
     
    "fast decline"? In the 'real' unemployment?

     

    I think these guys may be in the market for a bridge. In Brooklyn.
    4 Mar 2012, 07:10 PM Reply Like
  • tunaman4u2
    , contributor
    Comments (2734) | Send Message
     
    Do you think its even possible they believe their data? They cant

     

    Look at the chart of foodstamps... thats the REAL picture of the economy
    4 Mar 2012, 07:19 PM Reply Like
  • The Geoffster
    , contributor
    Comments (4009) | Send Message
     
    Fedspeak is curious. Hilsenrath is said to speak for Bernanke so perhaps the Fed is trying to quell speculation in commodities and prevent the market from hitting 14,000 before it blows out.Certainly, Bernanke can't believe his own bullshit.
    4 Mar 2012, 07:49 PM Reply Like
  • Boxed Merlot
    , contributor
    Comments (1583) | Send Message
     
    Forget the "fast decline" in unemployment, the real news would be a "fast incline" in employment.

     

    That chart hasn't had time to be manipulated as the seasonally adjusted, re-adjusted, month end, or any other massaged method of obfuscation Mr. Bernankes chart makers use.

     

    No trust, no justice.

     

    TSA strains gnats, Holder swallows camels.

     

    Where's Teneo hiding Corzine?

     

    Dealing with these issues will be a real sign of strength in the health of the nation. The economy will follow.

     

    imo.
    4 Mar 2012, 07:52 PM Reply Like
  • Archman Investor
    , contributor
    Comments (2350) | Send Message
     
    Tunaman:

     

    It is interesting you bring that up. I did read last week that in fact people receiving food stamps continue to go up and are now at record highs even with all the so called economic improvements.

     

    But lets really be honest here about the economy and the people in America. If you are a "have" and have real net worth, little debt, home equity, etc. life is in fact fantastic. Your portfolio is way up since 2008 and because you have a few hundred thousand or more invested you know you have some real net worth.

     

    If you are a "have not" you know the real deal. You are still in debt up to your eyeballs and the debt collectors are practically related by blood to you now. You miss many payments of all types yet are still first on line at the Apple store for every release even though you put it on whats left of your maxed out credit cards so you an keep up with the Jones's. You have little or no net worth or are in complete denial about your future and figure that in the last 5 years of your working life at Wal-Mart (The nations largest employer) you will some how be able to save that million dollars you are going to need to retire on. Life continues to be a never ending day of useless work, Hamburger Helper, followed by reality TV to wash it all down.

     

    I am going to say it again: If you are a "have" or in the top 10% that own and control the other 90% in this country, we have never been in better shape. Our future is bright, we are innovative, critical thinking and will gain even further success in the future.

     

    If you are are a "have not", the 90% that get to settle for the 10% scraps that are left, your life is over...you just don't know it yet.
    4 Mar 2012, 10:16 PM Reply Like
  • azblackbird
    , contributor
    Comments (358) | Send Message
     
    Am I the only one who is living in the real world? WTF is it with our government and their unicorn and fairy reporting? Are the sheep really that stupid?
    4 Mar 2012, 07:48 PM Reply Like
  • The Geoffster
    , contributor
    Comments (4009) | Send Message
     
    Alas, it's not that sheeple are that stupid, just ignorant.
    4 Mar 2012, 08:04 PM Reply Like
  • Perkins Cove
    , contributor
    Comments (625) | Send Message
     
    The government, of the Rich and for the Rich, must support the 1% by any means. Even lying. It's in their code.

     

    Until the sheep wise up....it will remain the same.

     

    BTW, wish the good Doctor, Ron Paul, had better 'bedside' manner. Some of his ideas are good...but he leaves too many things unanswered. I don't get the sense he's one of the "Elite", just a real American. IMO
    4 Mar 2012, 08:05 PM Reply Like
  • wkl
    , contributor
    Comments (289) | Send Message
     
    From IL and can not take any Packer fan seriously. Aaron Rogers- career year. Soon you will forget him just like the last one. What was his name? Bart Favre? Brett Star?
    4 Mar 2012, 08:45 PM Reply Like
  • Perkins Cove
    , contributor
    Comments (625) | Send Message
     
    Aha...a Bears fan. Knock my guys all you want. I will never knock your Urlacher, Butkus, Sayers....and especially Brian Piccolo. Some players transcend their teams. And some fans don't.
    4 Mar 2012, 09:43 PM Reply Like
  • wkl
    , contributor
    Comments (289) | Send Message
     
    Bear fan's transcend the greatest Bear of all. "Papa Bear" George Halas. Any dig a bear fan can get in to someone from Packer Land, player or fan, only makes the old man smile. Wherever he may be now.
    4 Mar 2012, 10:04 PM Reply Like
  • Perkins Cove
    , contributor
    Comments (625) | Send Message
     
    And this Packer fan has the greatest of respect for the "Papa Bear". You still don't get it....R.E.S.P.E.C.T.
    4 Mar 2012, 10:19 PM Reply Like
  • wkl
    , contributor
    Comments (289) | Send Message
     
    Nice funning with you. See ya next fall on the grid iron.
    4 Mar 2012, 10:22 PM Reply Like
  • WMARKW
    , contributor
    Comments (10234) | Send Message
     
    Geoffster....I have thought about this quite a bit. I have some close relatives that I think about. Isn't it stupid to be ignorant?

     

    I don't know if it's laziness, or capacity. I don't know if it's depression or a willingness to accept less than the possible. I don't know if it's possible to change....I have to believe it is. I have a daughter that I am watching and working on....without success yet.
    4 Mar 2012, 10:46 PM Reply Like
  • Perkins Cove
    , contributor
    Comments (625) | Send Message
     
    Urlacher vs Rodgers. It doesn't get any better than that. See ya.
    4 Mar 2012, 11:50 PM Reply Like
  • Lakeaffect
    , contributor
    Comments (968) | Send Message
     
    Pro Football, Dancing with the Stars, - what's the diff? Talk about stupid ignorance.
    5 Mar 2012, 08:14 AM Reply Like
  • Tomcat101
    , contributor
    Comments (963) | Send Message
     
    I think Bernanke is scared and doesn't know what to do. You can tell by looking at him that he's afraid.
    4 Mar 2012, 08:03 PM Reply Like
  • Husky Financial
    , contributor
    Comments (212) | Send Message
     
    Tomcat hit the nail on the head. We should find a way to chart his increased stammers and stutters as he is quickly assuming the role as the "Deer in Headlights" that seems to precede any financial crisis.
    4 Mar 2012, 08:09 PM Reply Like
  • Perkins Cove
    , contributor
    Comments (625) | Send Message
     
    Husky...you mean correlate the Bernank to the TVIX? Or UVXY?

     

    You may be on to something....I think we could do this....LOL

     

    I am strongly looking to go short next week, probably short TNA to get the decay on my side.

     

    Cheers,
    Perk
    4 Mar 2012, 08:18 PM Reply Like
  • Husky Financial
    , contributor
    Comments (212) | Send Message
     
    I like the idea of shorting TNA. Decay is always a nice thing to have working for you instead of against you. GL with the trades, I am sitting on a large amount of cash and a decent position in UVXY. Merrily awaiting the large dose of reality the market is in for in the future.
    4 Mar 2012, 09:07 PM Reply Like
  • Perkins Cove
    , contributor
    Comments (625) | Send Message
     
    HF,

     

    I was in UVXY, but like KK, I don't care for that 6x reverse coming on Tuesday. (although KK says he will hold through it) Bad feeling. Also, I see volatility staying reasonably low until the end of April, first of May. I have read, and seen, where the Vix can stay low for a long period, spiking 3or 4 times per year for 10-100%. Then returning to normal....under 20.

     

    Merrily awaiting reality with you...Godspeed,
    Perk
    4 Mar 2012, 09:57 PM Reply Like
  • srspa77
    , contributor
    Comments (326) | Send Message
     
    Hi. I'm still pretty new to trading. Do you know if you need to file a K1 form next year if you buy this ETF through Scottrade?
    4 Mar 2012, 10:54 PM Reply Like
  • Boxed Merlot
    , contributor
    Comments (1583) | Send Message
     
    We should find a way to chart his increased stammers and stutters...

     

    Actually, I think that's already a drinking game.

     

    During his recent testimony I got the impression he was hoping to get more traction out of the upcoming student loan bubble by more or less acquiescing to his own sons frn400K school loan and his “What happens in Greece stays in Greece” wishful thinking.
    4 Mar 2012, 11:27 PM Reply Like
  • WMARKW
    , contributor
    Comments (10234) | Send Message
     
    A K-1 is an allocation of partnership income. I don't know if that's the structure of the entity you are dealing with. If it is, the entity is responsible for filing the tax return and for generating the K-1's. Those returns are due to be filed, I believe by 3/15. So you would get a K-1 well before 4/15 deadline - if that is the structure of the entity.
    4 Mar 2012, 11:38 PM Reply Like
  • bdarken
    , contributor
    Comments (416) | Send Message
     
    When the fed lends foreign banks money and the foreign banks buy U.S. stocks isn't that sorta kinda a QE3 done back-door?

     

    http://bloom.bg/xs1kTf
    4 Mar 2012, 09:05 PM Reply Like
  • Marble Rye
    , contributor
    Comments (23) | Send Message
     
    Homer Simpson: "Oh, look at me! I'm making people happy! I'm the Magical Man from Happy-Land, in a gumdrop house on Lollipop Lane!"

     

    Homer Simpson: "You're living in a world of make-believe! With flowers and bells and leprechauns and magic frogs with funny little hats."
    4 Mar 2012, 09:48 PM Reply Like
  • SA reader
    , contributor
    Comments (176) | Send Message
     
    Wait, with real inflation spiking, the Fed can't keep printing money!!!! It hasn't stopped them before? I need my Fed crack!

     

    Thank you Mr. Bernake for making my food and fuel bill so much higher! I'm sure the banks foreclosing on people love you!
    5 Mar 2012, 02:54 AM Reply Like
  • AlbyVA
    , contributor
    Comments (566) | Send Message
     
    Bring on the Inflation baby... w00t w00t.. Time for the 30yr to rocket over 4%
    5 Mar 2012, 07:02 AM Reply Like
  • diepwjulius
    , contributor
    Comments (119) | Send Message
     
    I agree with Archman, although I'm a bit more optimistic, despite the fact that I believe you need not 1m to retire on, but 10m; provided that you don't want to work in your 40's.

     

    You say 10% of the American (U.S.) population control the other 90%? Isn't that number a bit less? Because I doubt 10% of the people in this country are decamillionaires, which is what I consider to be "rich" or upper middle class.

     

    Disclosure: I'm dirt poor and long EBT
    6 Mar 2012, 10:19 PM Reply Like
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