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  • philandjoel1e philandjoel1e Dec 9, 2012 8:35 PM Flag

    Headline reads

    "Fed Is Likely to Sustain Its Stimulus Program"

    Ben will be buying more bad bonds.... The Fed haz officially become housingz fannie mea and freddy mac. Enjoy it while it lasts, pumperz. Bernanke keeps pushing on a rope, but we all know what happenz in the end.... Except this one being bonds instead of 2nd and 3rd no doc mortgagez will end very, very badly... 08 - 09 iz gonna look like an OK day in the markets relative to what's comming when this spree driez up.... Its ok - sybs can wait it out.

    Keep up the good work, ben. The uber wealthy class doesnt have enough wealth yet.

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    • The fiscal cliff will mean roughly 2MM lose extended unemployment benefits. Another 1MM or so over the next few months. The welfare state is going to get pared back alongside tax increases for the very wealthy. Directionally speaking, it sure won't be helpful to Amazon...

    • Sybs:

      Fed printing is bad for Amazon in the real world. Reducing purchasing power of those with higher marginal propensity to consume and adversely affects the relative TCO. There a reason I fo cused on the stocks I did. Pumpers have been too fuzzy in their thinking. Printing helps AAPL, GOOG and INTC (biggest lift), not AMZN...

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