Wednesday, August 29, 2012

FED ACTION BETWEEN CONVENTIONS AND ELECTION IS BULLSHIT!

THE NOTION THAT THE FED WOULD INTERVENE IN A VERY CONTROVERSIAL WAY IN THE ECONOMY...WITH MORE QE...BETWEEN THE CONVENTIONS AND THE ELECTION...IS JUST NUTS...

IT WOULD TAKE A MAJOR PLUNGE IN THE MARKETS ARE THE ECONOMY TO JUSTIFY THIS TYPE OF DRASTIC MOVE...

THE MARKETS ARE HOVERING AROUND THEIR HIGHS...THE ECONOMIC NUMBERS ARE JUST OK...NOT TERRIBLE...AND ANOTHER ROUND OF QE COULD REBOUND IN THE OIL AND GOLD MARKETS IN VERY UNPREDICTABLE WAYS...! WITH OIL ALREADY ANTICIPATING THE MOVE TO MORE EASING...

IT IS POSSIBLE THAT WALL STREET WANTS OBAMA REELECTED SO BAD...THAT BERNANKE HAS HIS MARCHING ORDERS...AND WILL BOOST THE ECONOMY BEFORE THE ELECTION...

BUT THAT WOULD BE IMMEDIATELY BE SEEN AS A BLATANT POLITICAL MOVE BY THE FED...AND WOULD SEAL ROMNEY'S DEFEAT IN NOVEMBER...

WALL STREET HAS DONE VERY WELL WITH OBAMA...AND WITH ROMNEY AND THE NEW TEABAGGER AUSTERITY...STOCKS COULD PLUNGE AND THE DEPRESSION DEEPEN...