Seeking Alpha

Fed Open Market Committee: The Fed repeats it stands ready to ease as needed. For now, there are...

Fed Open Market Committee: The Fed repeats it stands ready to ease as needed. For now, there are neither additional stimulus moves, nor an extension of the low-rate pledge past late-2014.
Comments (10)
  • Tack
    , contributor
    Comments (14746) | Send Message
    Not a single surprise.


    Of course, those that remain in QE fantasyland sell off their gold and options.
    1 Aug 2012, 02:16 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2844) | Send Message
    Fed's in wait and see mode until Congress and the White House get the fiscal side of things in order. Personally, knowing the economy's health is solely in Washington's hands, make me very nervous.
    1 Aug 2012, 02:20 PM Reply Like
  • SoldHigh
    , contributor
    Comments (1013) | Send Message
    We need a pro-business president, not a Fed policy that jams commodity prices.
    1 Aug 2012, 02:20 PM Reply Like
  • Hitesh Patel
    , contributor
    Comments (314) | Send Message
    One bullit left. Bernanke has to wait til the bear is much closer before he uses it or else it will only scathe him and have no effect
    1 Aug 2012, 02:22 PM Reply Like
  • youngman442002
    , contributor
    Comments (5129) | Send Message
    Remember they are spending 1.3 trillion a year as QE.....I think the Fed is spending more too..under the table..and will be bailing out the EU....its the banks first..the people second...
    1 Aug 2012, 02:24 PM Reply Like
  • Tack
    , contributor
    Comments (14746) | Send Message
    What QE? Operation Twist is buy/sell neutral, and a look at money supply (M2) shows contraction since QE ended last June 2011.
    1 Aug 2012, 02:27 PM Reply Like
  • David Urban
    , contributor
    Comments (1036) | Send Message
    Qe3 is already priced into the market at today's prices.
    1 Aug 2012, 02:26 PM Reply Like
  • Hendershott
    , contributor
    Comments (1656) | Send Message
    QE3 already priced in....agree to some extent, and some dramatic action in the EU is also priced in. Pretty risky set up.
    1 Aug 2012, 03:41 PM Reply Like
  • Tack
    , contributor
    Comments (14746) | Send Message
    What you should be saying is that the absence of QE is priced in, and that's confirmed each time the Fed announces that there isn't any new QE rolling out the door by the fact that markets hardly react, except for a few diehard QE believers, who sell on the news.
    1 Aug 2012, 05:12 PM Reply Like
  • User 462216
    , contributor
    Comments (95) | Send Message
    There may not be any QE in Sept. either. The way Giether is talking money will be put in a stimulus that will be approved during the lame duck session after the election. Capital gains tax will go up. (my opinion) FHA will allow home owners to refinance out of adjustable rates to lower rates even if they are principle forgiveness. The FED may buy mortgages after the election.
    1 Aug 2012, 03:43 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs