Comments on: The Fed Weather Update http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sun, 21 Mar 2010 16:15:50 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: Words from the (investment) wise 9.27.09 | The Big Picture http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/comment-page-1/#comment-219728 Words from the (investment) wise 9.27.09 | The Big Picture Sun, 27 Sep 2009 12:05:43 +0000 http://www.ritholtz.com/blog/?p=38923#comment-219728 [...] tip: The Big Picture, September 23, [...] [...] tip: The Big Picture, September 23, [...]

]]> By: Der Wetter-Bericht der Fed… • Börsennotizbuch http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/comment-page-1/#comment-218680 Der Wetter-Bericht der Fed… • Börsennotizbuch Thu, 24 Sep 2009 18:23:44 +0000 http://www.ritholtz.com/blog/?p=38923#comment-218680 [...] “Look sunshine! I think the storm is past!” [...] [...] “Look sunshine! I think the storm is past!” [...]

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/comment-page-1/#comment-218493 Mark E Hoffer Thu, 24 Sep 2009 12:37:42 +0000 http://www.ritholtz.com/blog/?p=38923#comment-218493 Bruce, personally, I wouldn't be defaming the Stooges in such fashion.. aitrader makes a good point: "...need to remember that this rally was sparked by a specious news tidbit: the famous “leaked” Citibank memo about record Q2 profits.." Curly may have told some Whoppers, but.. ) Bruce,

personally, I wouldn’t be defaming the Stooges in such fashion..

aitrader makes a good point: “…need to remember that this rally was sparked by a specious news tidbit: the famous “leaked” Citibank memo about record Q2 profits..”

Curly may have told some Whoppers, but.. )

]]> By: Bruce in Tn http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/comment-page-1/#comment-218470 Bruce in Tn Thu, 24 Sep 2009 11:06:52 +0000 http://www.ritholtz.com/blog/?p=38923#comment-218470 We are now going after China about paper. I see more protectionism on the horizon. Amazing how events at this stage no longer require tea leaves to see. Larry, Curly, and Moe.......Fed, Treasury, and White House. We are now going after China about paper. I see more protectionism on the horizon. Amazing how events at this stage no longer require tea leaves to see. Larry, Curly, and Moe…….Fed, Treasury, and White House.

]]> By: scepticus http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/comment-page-1/#comment-218467 scepticus Thu, 24 Sep 2009 10:46:50 +0000 http://www.ritholtz.com/blog/?p=38923#comment-218467 The picture reminds me of 'the day after tommorow' in which a huge storm brings supercold air from the upper reaches of the atmosphere down to ground level. In the film, as the eye of the storm passes over, air at -200C is sucked down into the eye, instantly flash freezing all and sundry. Regarding jubilee, simply removing liabilities from debt turns the debt money into high powered money. That is hyperinflationary. The correct way to implement a jubilee is via negative nominal rates, as advocated by willem buiter and mankiw. Contrary to what most believe, negative nominal rates are not hyperinflationary, or even inflationary at all. The picture reminds me of ‘the day after tommorow’ in which a huge storm brings supercold air from the upper reaches of the atmosphere down to ground level. In the film, as the eye of the storm passes over, air at -200C is sucked down into the eye, instantly flash freezing all and sundry.

Regarding jubilee, simply removing liabilities from debt turns the debt money into high powered money. That is hyperinflationary. The correct way to implement a jubilee is via negative nominal rates, as advocated by willem buiter and mankiw. Contrary to what most believe, negative nominal rates are not hyperinflationary, or even inflationary at all.

]]> By: torrie-amos http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/comment-page-1/#comment-218464 torrie-amos Thu, 24 Sep 2009 09:27:31 +0000 http://www.ritholtz.com/blog/?p=38923#comment-218464 trend change, hmmmmmmm, AmenRa gave the numbers, sands shifting, cash firmed up but in a pipe bottom, crude has a defined 3rd higher low from 75 and it was gapped down and sold all day, the same as copper, now this is the first co-ordinated break of all three, it really depends on the re-test reaction and strength............brokers close books end of month, fundies october..........so performance anxiety coming to an end perhaps.............commodity re-inflation just crushes profits again.........goldman sachs has a special waver thru december that allows them massive leverage not allowed per there new bank convinenets which they must wind down, unless they get a new extension ..........for the sake of world wide economies a pullback to 850 would take the heat off of commodities which are the killers, oil has gone up almost 100%, copper 180%..........while generally sales have stabilized, no one can budget jack shyte with such bizzare moves in commodities, which means no investment or jobs...........so my prayers is we pull back, and take out the crazy volatility, some flat calm markets for 2010 with sector rotations would be nice.......good luck too all trend change, hmmmmmmm, AmenRa gave the numbers, sands shifting, cash firmed up but in a pipe bottom, crude has a defined 3rd higher low from 75 and it was gapped down and sold all day, the same as copper, now this is the first co-ordinated break of all three, it really depends on the re-test reaction and strength…………brokers close books end of month, fundies october……….so performance anxiety coming to an end perhaps………….commodity re-inflation just crushes profits again………goldman sachs has a special waver thru december that allows them massive leverage not allowed per there new bank convinenets which they must wind down, unless they get a new extension ……….for the sake of world wide economies a pullback to 850 would take the heat off of commodities which are the killers, oil has gone up almost 100%, copper 180%……….while generally sales have stabilized, no one can budget jack shyte with such bizzare moves in commodities, which means no investment or jobs………..so my prayers is we pull back, and take out the crazy volatility, some flat calm markets for 2010 with sector rotations would be nice…….good luck too all

]]> By: aitrader http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/comment-page-1/#comment-218454 aitrader Thu, 24 Sep 2009 05:58:22 +0000 http://www.ritholtz.com/blog/?p=38923#comment-218454 You folks that are preaching correction (and I am one of your crowd btw) need to remember that this rally was sparked by a specious news tidbit: the famous "leaked" Citibank memo about record Q2 profits. The correction or reversion to the mean or crash or whatever it may be called needs a similar event to kick it off. The market is hovering cliffside with nothin but air beneath. But it needs something to push it into the abyss. Keep a keen eye for bear-sized news bits that could flip the mood of the crowd and you might catch the top of the peak ;-) You folks that are preaching correction (and I am one of your crowd btw) need to remember that this rally was sparked by a specious news tidbit: the famous “leaked” Citibank memo about record Q2 profits. The correction or reversion to the mean or crash or whatever it may be called needs a similar event to kick it off. The market is hovering cliffside with nothin but air beneath. But it needs something to push it into the abyss.

Keep a keen eye for bear-sized news bits that could flip the mood of the crowd and you might catch the top of the peak ;-)

]]> By: AmenRa http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/comment-page-1/#comment-218448 AmenRa Thu, 24 Sep 2009 05:03:09 +0000 http://www.ritholtz.com/blog/?p=38923#comment-218448 Currently the daily TLB has to close below 1049.34, the weekly a close below 1030.98 and the monthly a close below 735.09 to reverse the current trend. A higher daily close will place the reversal at 1052.63 and moves higher with each higher close. Be patient and wait for the reversals. Currently the daily TLB has to close below 1049.34, the weekly a close below 1030.98 and the monthly a close below 735.09 to reverse the current trend. A higher daily close will place the reversal at 1052.63 and moves higher with each higher close. Be patient and wait for the reversals.

]]> By: godly http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/comment-page-1/#comment-218445 godly Thu, 24 Sep 2009 04:28:33 +0000 http://www.ritholtz.com/blog/?p=38923#comment-218445 HA HA. Thats funny and is so true. BEN is making a complete fool of us. Another piece of news: <a href="http://investingcontrarian.com/?p=273" rel="nofollow"> AK47 goes bankrupt </a> Can you imagine that defense firm goes bankrupt Fresbee HA HA. Thats funny and is so true. BEN is making a complete fool of us.

Another piece of news:
AK47 goes bankrupt

Can you imagine that defense firm goes bankrupt
Fresbee

]]> By: WaveCatcher http://www.ritholtz.com/blog/2009/09/the-fed-weather-update/comment-page-1/#comment-218444 WaveCatcher Thu, 24 Sep 2009 04:14:23 +0000 http://www.ritholtz.com/blog/?p=38923#comment-218444 Market reversed and sold off today on good (benign) news from the Fed. Are we seeing signs of a shift in sentiment? Is the long predicted correction just ahead? Market reversed and sold off today on good (benign) news from the Fed. Are we seeing signs of a shift in sentiment? Is the long predicted correction just ahead?

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