Hey Art.....How much does RBS pay you to make those kind of predictions? Go back to the bar and stay there in September. OK?
Yep. Economy is not strong enough. That's it. Markets will rally big tomorrow.
According to his PAS model he says this is the time to buy. He has only received the tactical buy signal eight times since 1999 in his model. He goes on to say that we are in a low risk zone for buying stocks. In other words it's only up from here.
You don;t have to wait for the actual increase. If the FED starts telegraphing it thru Bullard talking and Eisendrath writing it will happen sooner than when the actual increases start.
PHK has always been a whipping boy for the financial writers and the shorts. They always claim the price is too high to the NAV. I think we have a good old short attack going on right now. But the price always seems to come back. Might take a couple of months,though.
I'm waiting to see what happens the day before ex-div. The shorts know they will have to pay the div if they don't cover.
I think I know who you are talking about. Just report him for abuse to Yahoo and they will pull his user name. Yes,he'll come back again with a new one but eventually Yahoo will see this and ban him permanently.
Yes....back in July their chief forecaster said this. Yet,nobody is calling them on this prediction.
How quickly people forget,huh?
You want another recession Mr FED? You want people to lose everything they have gained in the last six years? You want the housing market to go down again?
Go ahead and raise your stupid rates. The next recession will be squarely laid at your feet.
Heck,Obama may even ask for Yellen's resignation.
Admit you were wrong when you called me a dumb #$%$ for telling everybody on this board that the FED statement was leaked. You are acting very sheepish. Ba-ba blacksheep have you any wool? Yes sir,yes sir I am a fool.
Everything that happens in this market is geared towards trying to figure out what the FED will do with rates. Whether it's Europe,non farm payrolls,ebola or bombing the Middle East it all is about the impact it will have on the FED raising rates.
The best thing the FED couold do is raise rates to 2% at their next meeting. Get it over with and let's move on. Sure,the market will tank for a few days but it will recover and the speculation about rates will be over.
The retail investor is going thru a slow torture right now with these markets and it has to end.
Huh? Look at Asia and the FTSE. US will follow green all the way baby. But you bears keep trying to scare up some kind of disaster,will ya'? The more you do the higher we go.
The statement has already been prepared. FED to keep interest rates low for CONSIDERABLE period.
It's so obvious the FED is scared to say otherwise and turn world markets on their heads.
Per Mitchell Bernard,chief market strategist at Baker-Atwater. He says the FED wants a strong stock market going into the elections and will not risk a major correction.
Market is oversold and looking for a catalyst to move it back up. The IMF statement is similar to when the last ECB chief said they would "anything to backstop Europe" and assure no recession occurred.
Yeah,keep raising those rates.
That's a good reason to raise rates,eh? The FED can really destroy the world economies by insisting on "normalizing" rates.