Will they cut the flow of money into USA financial markets?
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No.. Get your guns out!!!!Comment -
They better curb the stimulus crap. It's an unnecessary burden to us as citizens and does nothing but churn profit for mega banks.
Fukk this shit. I hated the stimulus when it happened, hate it even more now.
Jesus Christ, unemployment report is around 7%.
Start increasing the interest rates. Get us back to where we were.Comment -
jj has special insight into the FED.... jj is jewishComment -
Chalky you understand that the real unemployment is about double that, right? The amount of people who ran out benefits extensions and still haven't found a job is staggering....they do not include those numbers in to that 7%.
Raising interesting rates now would destroy US economy. You guys have a very long way to go to recovery.Comment -
Of course, but the number has been consistently half the real number. Meaning if that number is going down, it means the real number is also going down.
I need interest rates to rise. I already got my shit locked in. I need my money markets to start offering me 5%+ on my money again. My GE fund went for 5.7% to ~1% and has stuck there since. I'm sick of this shit.
You can't make shit in this country these days with these interest rates.
There is a shit ton of money out here where I live and it's hard to get it to start working.
American's getting squeezed on all sides right now.Comment -
almost game time, get your fingers on the triggerComment -
what do you mean you can't make your money work? Low interest rates means it's easier for companies to get loans. That means their hurdle rate is lower so they are able to do more projects, hire more people, etc.
i dont one agree all that much with stimulus but if you want your money to work for you, work for it. Go find some good investments. You want essentially risk free investments when there are a number of decent places to stick money right now.Comment -
Interest rates tomorrow ^^^^^^^^^Comment -
So many theories
They need to cut stimulus money and see how market functions
I say they chicken out and keep pumping money inComment -
Let's increase farm aid, farmers need help, and America needs farmers.Comment -
no matter what money is going to keep being pumped in for the short term. If they do taper today, it will be the amount they cut out of the QE that will affect the market. If they only cut out a small amount it won't be a big deal. I'm hoping for a nice big sell off, aapl and tsla are already down today so another 3-4% would be great.Comment -
How the fukk can you raise interest rates at a time like this?? No one is able to get loans anyways, banks are acting like a bunch of Jews. Raising rates isn't going to do shit. We need to invest in putting people BACK TO WORK. Doesn't matter what kind of job, any job. Along with this, we need to tighten up the unemployment benefits situation. Too many moochers.Comment -
In my region the farmers are the only area who constantly make a chit load of $$$. The have plenty of help up here, almost upsurd. And plenty of fall back options for them if they do have a poor year. Maybe our country should focus our of bass ackwards health care system..... every time I take one of my kids to the doctor I throw up in my mouth a little. Just disgusting.Comment -
^well you're going to hate it even more because of obamacare
meh nothing too eventful, only cut 10 billion. Market going up though but no surprise, got me some of that aapl.Comment -
Commodities getting pounded
This year
I guess they will gradually taperComment -
Pretty standard announcement. Didn't think they were going to announce something drastic or out of this world.Comment -
Number of benefits to raising interest rates.
- It's a huge part of personal finance. As rates go down, so does the income of millions of Americans. Read an article last year or so that estimated if American's were receiving the same interest rate that had in 2008. Americans would have ~$450 million more to spend per year.
- Think about the tax this puts on pension plans. Low interest rates raise pensions plan liability because it raises present value of future pension payments.
- Low Interest rates keep energy and commodity prices high. If rates are high, miners and drillers will bring more out of the ground in order to invest the proceeds. But if rates are low, the opportunity cost of keeping oil in the ground is also low and so there is less incentive to bring it to market. Low interest rates have the same effect on other commodities by reducing the opportunity cost of holding stocks off the market in the hope of higher prices. If the expected increase in prices exceeds the rate of interest it is always in the interest of commodity owners to hold on to what they have. (Harold Hotelling theory)
- Low interest rates increase unemployment. Self explanatory
- THE MAIN ISSUE: Low interest rates discourage banks from lending. Banks are presently sitting on $1.5 trillion of excess reserves that could be loaned immediately. One reason they don’t lend is because the Fed pays them interest on these reserves – a policy that began, perhaps not coincidentally, just at the beginning of the financial crisis. Although the rate is low, .25%, it is actually considerably more than banks can earn on all Treasury securities with maturities of less than 2 years, and not much below those on maturities up to 5 years.
It seems difficult to simply raise interest rates, due to how it would reduce aggregate demand, put downward pressure on prices, and exacerbate the economic crisis. However that can be dealt with if you raise inflationary expectations. For instance, if the interest rate would be 3 percent in a zero inflation environment and lenders come to believe that inflation will be 2 percent, then the market interest rate they will charge on loans should rise to 5 percent so that they will still get the same 3 percent rate after inflation.
Now, I get there are compelling arguments on both sides of this thing, but a healthy economy has a much more healthy ROI, and that begins and ends at the interest rates.Comment -
Whoopie, they cut QE from 85 billion to 75 billion. Believe me when I say this 'tapering' is temporary and eventually they will be buying a lot more then 85 billion in bonds per month.Comment -
odds are you should buy yahooComment -
Everybody and their brother on here thinks they are Larry Summers or Alan Greenspan.
Lol, gtfo with this shit before sweep goes and buys The Wealth of Nations and starts spouting off sweep's dumbass opinion.
I've already taken multiple economics classes on my way to my Finance degree, which I will be getting next semester.
This is a gambling forum.
We're not here to talk about quantitative easing, the federal discount rate, LIBOR, or any of that shit.
I just took finals last week and got 3 weeks before I have to hit the books again, so let's saloon this shit.
I've already accepted the fact that under an Obama administration I won't be able to find my "after college career" for a while after I finish school, but fuk it. The government don't give a shit about new college grads.
JJ, just give us an ATS winner and forget this finance stuff.
Just watch Larry Kudlow tonight and you will be good.Comment -
318 Million People ....hard to Control.....don't look for help...provide for yourself...your path...your journey...you make the choices....don't sit n cry for the helpless or youll be one soonComment -
Mid Level College BS is becoming a thing of the past....I was tricked as well....$ wasted...earned a finance degree.....like everyone in the stack of applications lol
---person who is hired is always on a handshake basis--"well I have to interview everyone to make it look fair"...lol
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and who the in hell wants to be next larry summers or alan greenspan lol. Are those really the idols of business students? Two guys who help cause the GFC.Comment -
College graduates in general are finding it difficult to get a job or are underemployed. A college graduate with a finance or engineering degree shouldn't have to work at a fukking deli.
Above is an article from last year. Shit hasn't changed much since then.
Also, try harder next time.Comment -
I agree, that's why a college student with an engineering degree is not working at a deli. Unless they were a C student or are not willing to move, that would be the only reason an engineer can't find a job.Comment -
already blaming someone because a career isn't handed to you on a silver platter....lulz the "kids" of today are going to have a rude awakening when they graduate and can't use google to find them a good career in 10 minutes
welcome to the real world boys and girlsComment -
I referenced a former Federal Reserve chairman (Alan Greenspan) and a former Treasury Secretary (Larry/Lawrence Summers) because they are two people that held government positions that are pertinent to this thread that was talking about a Federal Reserve decision.
Are you that fukking dense that you couldn't put those things together?
Greenspan is someone I have never liked, but yes, I do feel that Larry Summers could be considered someone to look up too. He is formerly one of the most powerful individuals in this nation (as Treasury Secretary). Also, while not business related, he is the former president of one of the U.S.'s top universities, Harvard. Yes, I feel Larry Summers could be an "idol" that a business student could look up to.
I prefer Robert Rubin over the above mentioned people though. He was the fukking man at Goldman Sachs and I believe he is the second best Treasury Secretary ever, after Alexander Hamilton.
brooks85, don't try to be some fukking academic on a fukking Sports Betting website.
You are now on my ignore list for having the gall to even think you know anything.Comment
