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  • FOMC Statement: What It Really Says [View article]
    This is exactly like trying to drive a huge vehicle, with high latency gears/wheels where the wheels are stuck on conveyor belts running backwards.

    If the conveyor belt wins, we go backward towards deflation.

    If the wheel wins but with too much momentum, we fly forward towards hyperinflation.

    If the wheel just barely balances out the conveyor, we'll get equilibrium or slow growth.

    And Fed only controls the Accelerator with a huge time lag, with only a REAR VIEW mirror to see it's way, plus we're entering unknown territory as far as the slope of the ground going forward is concerned.

    Good luck trading in this environment. Trader guys are nuts!
    Oct 29 17:34 pm |Rating: 0 0
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