I think you are in denial. If you look at the FED purchases, they have decelerated 5 weeks in a row. The FED taper is coming, only a few actually understand and see it. I am surprised only a few picked up on the deceleration in purchases. CNBC has a blip on it. One other did to. For those who want the heads up on taper, just type into yahoo search engine "FED Taper Has already Started", there is a couple of stories. It looks like they want to start it in stealth mode, maybe it is the airforces "Stealth Technology" that will implement taper and the stock market can't see it.
I am now informed that the OCARE website has reached 'success'...by redefining 'success'...I forgot about that trick. Like my old lab buddy used to say:
"If the minimum wasn't good enough, there wouldn't be a minimum" (Bob Czarny / Cal Tech)
As for money supply...well, just take the growth of the population + 1-2% added on, for 'ponzi' tax...and increase the money supply by that amt (and fire all the fed officials...save lots of money!)...whatever. But let's not use money supply as some crutch / tool to artificially paper over ills, that should be rightfully addressed by Congress / Admin...and if they can't do their job...and we have recessions,...fine.... then kick em' out...(so, I think we agree on most things...if I wanna see people providing interference for an Admin, I can watch linemen do that for the quarterback, on Monday night football....)
Not sure how you're measuring. My cost basis averages $24 and I have received $1.85 in dividends. It's not that bad and certainly not a 30% drop when dividends are factored in. I have also never sold any shares at a loss and have made 10 trades on this stock.
The only reason we had higher rates in the 60s,70s and early 80s was the Vietnam war and oil shocks. Before that there was along period of low rates and after that there was a period of declining rates. If you go back to the Great Depression it took 40 years fro rates to climb in a meaningful way. It will be decades before we have rates in double digits.
The Fed is responsible for the money supply. QE is simply a means to grow the money supply. The economy needs an increasing money supply to grow. To say it's an addiction is like saying humans are addicted to food.
don't want a lot for Christmas
There's just one thing I need
I don't care much about presents
Underneath the Christmas tree
I just want Bernanke out of my life
More than you could ever know
Make my wish come true
All I want for Christmas... is a big Santa Taper...
I don't need to hang my stocking
There upon the fireplace
Santa Claus won't make me happy
With a toy on Christmas day
I just want Ben's Q.E. folly to end
More than you could ever know
Make my wish come true
All I want for Christmas... is a big FED Taper...
I don't need to hang my stocking
I won't ask for much this Christmas
I won't even wish for snow
I'm just gonna keep on waiting
Underneath the mistletoe...
I won't make a list and send it
To the North Pole for Saint Nick
I won't even stay awake to
Hear those magic reindeer click
Cause I just want Big Ben out of my life
and my passbook savings come back to life
What more can I do
All I want for Christmas is the Taper
All the lights are shining
So brightly everywhere
And the sound of children's
Laughter fills the air
And everyone is singing...
I hear those sleigh bells ringing
Santa won't you bring me
the one thing I really need
Interest on my Checking Account
and a health care plan I can really keep.
Oh, I don't want a lot for Christmas
This is all I'm asking for
I just want to see my money safe
and growing thencefore.
Even the worlds best and most successful investors admit to being unable to accuratelly predict the future and you sir, despite any claims to the contrary, are not amongst that esteemed group.
I admit there will be red stuff in the streets, but it will be from people discarding partially filled bottles of fine Merlots from the New Years Celebrations. There are HUGE HUGE HUGE parties being planned by the mutual fund and brokerage and big bank industries. It will be similar to the 1928 New Years after a record run in the markets in 1928. One company is flying all there employees to Atlanta, to partake in a HUGE NEW YEARS CELEBRATION, biggest and most expensive party ever thrown by a corporation, for all the employees and families. This was a great year for many and many people have alot to be thankful for. So bring on the Santa Claus Taper, we have booked our profits and ready for the roller coaster ride down. 2014 will be another record year if you are on the right side of the momentum.
I worked up the probabilities, and a bet on a SANTA CLAUS TAPER is very good risk return ratio. Reason, the taper has started (FED has slowed the acceleration of purchases in half) since September. I do believe they should announce this officially in December, so the Ben's last prediction, "Before the End of the Year" comes true or at least he can argue it came true. The start of taper is just the beginning, the withdrawal pains will see big movements in gold prices, treasury prices and US dollar index. Get ready for the SANTA CLAUS TAPER, and don't forget the HUGE HUGE HUGE, January Clearance Sale in stock prices, around January 17, 2014, everything must go, no offers will be refused.
He's not afraid, he was in charge of Freddie Mac which was a billion times bigger and lost everything. The M-REIT stock price drop is nothing compared to the trillions at Freddie. A couple hundred million in losses is pocket change,
By December 31st all the sellers will have sold and it will be time to start to nibble in the ashes buying a little over time while the blood still flows. Fear always offers opportunity.
I'se do'se believes' the'se taper has started......Summary: Quantitative easing is the easy cheap stimulus (unlike the politically difficult but effective fiscal action. Like heroin, it provides a lift with no ill effects. Slowly economists begin to realize that the cost of QE is not paid up front, but during withdrawal. Faced with the necessity and cost of tapering, last week the Fed wiffed. They’re at bat again in December, hoping for strong growth and holiday cheer to mask the pain of tapering.
When asked, the politicians response "Were not tapering" and "You'se can keeps you health insurance also".
The FED's credibility and legitimacy is failing spiralling downward. Hows that non-working/working Obamacare website working? Still hearing it hasn't billed any of the signee's or pigeons yet.
The FED has done something that no one has ever done before and no country has injected so much liquidity and lived to tell about it.
If the Fed’s purchases were small enough that the funds supplied to the market thus far could be mopped up in one or two painful operations, “shock treatment” would be one option. But the excess reserves supplied by the Fed now amount to 19 times statutory reserves, and putting them back in the bottle, so to speak, will be a difficult undertaking to say the least.
When a balance sheet recession is addressed with the monetary policy tool of QE, repeated applications are almost assured because monetary policy is largely impotent during such downturns, forcing the central bank to inject ever-larger amounts of liquidity in a hope of seeing some improvement down the road. That is why excess reserves in the US financial system are now equal to 19 times statutory reserves.
If the balance sheet recession is addressed using fiscal policy, on the other hand, it will lead to a significant increase in the national debt no matter how skilfully done. But at least there is historical precedent for a nation surviving a 250% debt-to-GDP ratio — that of the UK following the Second World War. In no case has a central bank injected as much liquidity as the Fed and lived to tell about it. All nations that did something similar experienced hyperinflation and a serious currency re-denomination, with tragic results for workers and savers.
who on this board do you think for one moment believes you?
You are telling me you own over $800k of this stock...And you are busy posting on a yahoo MB.
you own more like 44 shares not 44k.
Soros Fund management owns 40k
Legg Mason Global Funds own 39.8k
Ameriprise Financial owns 38.7k
If that were true then you would be an idiot.
If it is not true you are an idiot.
If you try to respond to this post to tell us that you really own 44k shares then you are an idiot.