Posted on 03/19/2009 2:52:20 PM PDT by NormsRevenge
NEW YORK – Investors doused a two-week-old stock rally Thursday as concerns emerged that the Federal Reserve's new bond-buying campaign could wind up hurting the dollar and causing inflation.
...
The retreat came a day after stocks surged in reaction to the Fed's aggressive plans to pump more than $1 trillion into the financial system by buying Treasury bonds and stepping up its purchases of other debt securities. The aim is to lower borrowing rates and stimulate lending.
On Thursday, investors began to digest the possible downsides of the Fed's program such as a potentially weaker dollar. That can lead to higher prices for commodities such as oil and grains, and eventually everyday products like gas and food.
(Excerpt) Read more at news.yahoo.com ...
I put money back in the stock market the day the newspaper says “Obama out after only 1 term.” Not one second before.
First measureable results of trillion $$$ bailout from the budget office are in, and they aren’t good. I’m going to start on my vegetable garden now....
Put your money in bulk foods. You will thank yourself later, about another year into this insanity.
Umm, you think taxing 90% of bonuses paid under contract would have anything to do with that?
Actually it had almost nothing to do with it.
The market is reacting to the news out of the Fed yesterday, and they don't like it one little bit. We're headed for a new bottom.
While everyone was bitching about a few million dollars, the Fed just manufactured a trillion dollars out of thin air.
We are soooo screwed.
L
A gubamint that prides itself on its ability to redress its own mistakes thru confiscation of private funds guaranteed under legal contract is as close as you want to come to out and out tyranny.
I think the market read it real well.
It is so clear that the administration is making a concerted effort to see America Fail so that it may be rebuilt as the USSA. Soon no one will be able to afford enough sand to cover their heads. Some hard decisions will need to be made and their outcome will determine how we live.
The writing is on the wall and there ain’t no way ahead at this point to wash it off.
Yeah, that’s where I’m going too.
Hey, don’t forget vitamins. You can get some really good deals online. Like buy 1 bottle, get three free.
I figure we can supplement with that.
Yeah, I forgot about that!
That was the plan, my dear. That was the plan all along.
L
Buy stock in grocery stores...ha.
going long on gold is about the only thing i see
oh, i could start shorting defense stocks, car manufacturers and banks... but i’m pretty sure there is no blood left in those stones
“oh, i could start shorting defense stocks”
only if you assume Obama will herald a new era of peace and tranquility
It is the dOpey-One’s plan to get a Dow 15,000 with 100% inflation in one year. Zero, will claim that the Dow is better than Bush, even, if you have to pay $10 for a loaf of bread.
oh, i don’t think he’ll solve anything... i just think he’ll pants the US by cutting all funding to defense spending and then decommission more bases, ships, and personnel. basically anything that will leave us open to attacks and help us defend ourselves (hence the reason to short US car manufacturers... can’t let the US keep its ability to make tanks and planes in bulk)
i guess we could put space exploration under that tarp as well.
gun manufacturing will be hardest to undermine, as people will still want them and the Constitution specifically protects the industry. ammo is another problem... and a casing shortage will help limit our abilities
how else could he diminish our ability to protect ourselves? all i have to do is look back to the glorious clinton years and see... ahh yes... our intelligence community will also take it in the shorts. what better way to blind us from what is coming.
i could be wrong... but i wouldn’t bet on it. if he starts funding any of these programs, i would just fall out of my chair
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