Keep the stock market higher. Theyre goal is not to prop it up. Its to balance growth versus inflation in many categories. N burnankes fed spoke with one voice. The fed under janet yellen has left the course since that first rate increase to go to a lock step series of hikes. And that change has been accompanieieby a cacophony of fed voices rooting for still higher rates or poohpoohing them. You figure it out, i cant. We have to have some chang here. One, theheed must know its own strength and recognize that when it talks endlessly about hikes, its freezing the Business World and creating tremeous uncertainty because people think, how can that possibly be, how can they know that much . Because they dont. Far better for the fed to say, then seen commodity deflation and a slowdown in wage growth so we must monitor these before we raise again. That means we need to get off a timetable and go back to being data dependent. That would in itself cause a tradeable bottom, at least. This change
The fed under janet yellen has left the course since that first rate increase to go to a lock step series of hikes. And that change has been accompanied by a cacophony of fed voices rooting for still higher rates or poohpoohing them. You figure it out, i cant. We have to have some changes here. One, the fed must know its own strength and recognize that when it talks endlessly about hikes, its freezing the Business World and creating tremendous uncertainty because people think, how can that possibly be, how can they know that much . Because they dont. Far better for the fed to say, and i quote, we have put through an increase and since then seen commodity deflation and a slowdown in wage growth so we must monitor these before we raise again. That means we need to get off a timetable and go back to being that would in itself cause a tradeable bottom, at least. This change is so important because right now we have a climate of fear and uncertainty which is not conducive to any kind of inv
Nasdaq fell 2. 1 . What would it take to switch from capital preservation mode to Capital Appreciation mode . Something that needs to happen before a sustained advance can begin. Its not just price. Its not just returning to the august 24 lows. All weekend i worked on this. I put together an extensive checklist of the things that need to happen before we can be more concerned about making money than we are with not losing money. Lets go right to it. First off, the Federal Reserve must change the debilitating narrative its adopted after that first rate hike in december. I understand their job is not to keep the stock market higher. Theyre goal is not to prop it up. Its to balance growth versus inflation in many categories. Ben burnankes fed spoke with one voice. The fed under janet yellen has left the course since that first rate increase to go to a lock and that change has been accompanied by a cacophony of fed voices rooting for still higher rates or poohpoohing them. You figure it ou
There is concern that Government Intervention to prop up the market will fail. Meanwhile, fed vice chairman Stanley Fischer hinted that raising rates has not been ruled out. Mohamed elerian said investors should not count on the fed to ride to the rescue. Market has been conditioned to view the Central Banks as their best friends, so whenever there is a hiccup, people look to the central bank. I do not think this time around the central bank is going to respond. The fed has reason to not do qe4. A new poll shows Bernie Sanders is now with Hillary Clinton and iowa. He has picked up 25 Percentage Points since january. He opened about his growing momentum on cnn. Bernie sanders all over this country we are generating enormous enthusiasm. People do not understand why the middle class of this country is collapsing at the same time as almost all of the new income and wealth is going to the top 1 . Another poll has donald trump in front at 23 , followed by ben carson, ted cruz, and scott walk
This is antisnob stuff. The rich types dont use it. But priceline is the google of all things travel and all things eating too. I still want priceline to buy yelp, another stock. But the reiteration of priceline is beating, it keeps beating the numbers. Almost every time a report it gets hammered how many times have i told you to buy it when it gets hammered . You have to. Make no mistake about it. Its both a travel play and the online reservation system for all the frugal shoppers out there. It explains the gain over the ten years since googles become public. Theres one stock im hammering you not to trade, just to own. That stock is apple. Up 4485 in the period since google became public. I say just own it. Because wall street plays this quarterly parlor game i despise. Each time acting as if its going to live or die by some 90day period. The analysts upgrade, downgrade on iphone count. Apples overall performance shows how ludicrous that kind of notion is. Thats not how you judge appl