"US Stocks seen Higher as FED remains in Focus" the article then goes on..........
" U.S. stock market index futures signaled a higher open on Friday, as European and Asian shares posted losses after downbeat data from the U.S. on Thursday, and mounting concerns the Federal Reserve may begin tapering off its bond-buying program.
So US stocks are signalling a higher open because Asian and European stocks posted losses on our downbeat econ data and concerns that the FED is going to start pulling back? THIS IS WHY STOCK FUTURES ARE HIGHER THIS MORNING? ROTFLMAO!!!!
Seriously do they have any editorial standards at all or do they let their reporters post any drivel they want to explain market actions?
If you're so convinced its true, then what difference does it make what the media says about QE.
What the media has reported however, is that QE has not achieved its objectives of restoring economic
system sustainability with normal unemployment. It is failing in its chief objective. And by eliminating natural risks from certain types of debt instruments, it has succeeded in distorting the market price of many asset classes.
Mr. Bernanke is an insane cretin for setting long term interest rates negative, and we deserve what we get for allowing it.
Soon all journalists will be put out of work by the Fed. When the market goes up literally every single day without exception and for no apparent reason, what purpose do they serve?
The financial media has absolutely no idea why the markets go up or down, but they try to make it look like they have all the reasons for stock movements.
I remember when the bubble finally burst in 2000, it was the day after then President Clinton was talking to British PM Tony Blair about stem cell research. (It's true, you can look it up.). I'm sure a stem cell research discussion caused everyone to take their profits and realize the markets did not support the fundamentals....lol The point is, we will wake up one morning, or we'll see a mid day reversal at some point and no one will really know why.....except of course CNBC, they know everything.