Only if it's a down move. 90% of the time, the market goes up around 1% in the day and a half following a Fed release.
Only possibility for a crash now is (a) Euro country goes bankrupt (2) we go to war (3) Bernanke issues hawkish forecast. Absent that, smooth sailing to 1850 by year end.
The Fed has a mandate to control inflation and employment. How else can they do that? Interest rates are already 0; that quiver is empty.
Max pain for opex this Friday is looking to be 172 or 173. What Fed actually says is irrelevant, the market has already priced it in.
An employer is not responsible for keeping employees' families fully supported. If every employee got $25 an hour and full healthcare no matter what the job, the rest of us could barely afford to buy food at Wal-Mart or McDonalds.
Also, to be considered positive, net job creation really ought to exceed number of people coming of age to enter the job force, which is 100K per month, I think.
NFP was negative as recently as 36 months ago. You are talking about net monthly jobs, right?
That's exactly why he won't. They want someone who'll be good to banks and Wall Street even if it hurts the economy.
You need to pick a more realistic strawman. Predictions are for the oceans to rise up to 20 feet over thousands of years. Nobody is fleeing to the Rockies.
Did you buy the shares directly from State Street or did you buy in the secondary market?
When you license patents on a FRAND basis that are part of a $20 chip, you get royalties based on that, not on the $400 box the chip goes in. Imagine if the holder of a tire manufacturing patent wanted 2% of the price of a car.