It's customary for Wall Street to rally wildly before and after ALL FED Meetings...
This is because The Street knows that the FED will ALWAYS KOW TOW to the markets...no matter what. So the "rally" is really just a small token of respect for a Central Bank that has allowed the International Rich to loot the US economy for so long...and nearly to the bone...
Hence today's completely predictable run up...even on a DISMAL NEWS background!
The next test comes tomorrow afternoon with the release of the FED "statement."
The job of the Street's touts and spinsters is to find some small "change" or "omission" that "shows" that the FED will continue to fund the speculators'looting of the US economy....for another month or so...
This can be the smallest thing...it can even be something that is completely twisted out of context...a dangling participle...can cause a 100 billion rise in market cap...
I have every reason to think that the FED will throw Wall Street the "sop" it's looking for...
Perhaps some little nugget or phrase...hidden among the dismal news on inflation...
BUT REMEMBER, THE FED NEVER NEVER NEVER MENTIONS THE DOLLAR...ESPECIALLY A WEAKENING DOLLAR...
HOWEVER THE FED IS QUITE ABLE TO MENTION THE "JOB MARKET"...
THE FED HAS FULL RIGHTS TO SHOW IT'S DEEP AND GREAT SYMPATHY FOR THE WORKING FOLK OF AMERICA...
EVEN AS IT FINANCES THE MOVING OF GOOD AMERICAN JOBS OFF SHORE...!
JUST LOOK AT THE HANES UNDERWEAR MOVE TODAY...! AMERICA IS BEING STRIPPED NAKED BY GLOBALISM!
SO, LET THE BULLSHIT CONTINUE...
GOD HELP THE FED IF IT EVER HAS TO TELL WALL STREET THE TRUTH ABOUT THE US ECONOMY!!
But these poor deluded souls on Wall Street will settle for anything these daze...
