Skip to comments.S&P 500 ends at record high; Fed cuts stimulus, sees improvement
Posted on 06/19/2014 6:37:57 AM PDT by SeekAndFind
U.S. stocks climbed on Wednesday, lifting the S&P 500 to a record finish, after the Federal Reserve said the economy is rebounding and that interest rates would stay low for some time.
"We are inching from unprecedented accommodation to policy tightening, even though it's not imminent," said Anastasia Amoroso, global market strategist at J.P. Morgan Funds. The Fed alluded to a slightly faster pace of interest rate increases next year, while suggesting benchmark borrowing costs in the longer term would be lower than the Fed has indicated before.
Fed Chair Janet Yellen attempted to "introduce a degree of uncertainty into fixed income, she sent a message to the market that we are in a pricing period of future rate increases. If the Fed raises short-term rates because there is more rapid growth, that is positive for cyclical parts of the stock market," said Amoroso.
(Excerpt) Read more at cnbc.com ...
The Fed isn’t cutting. They have simply found a backdoor method of doing the same thing.
RE: They have simply found a backdoor method of doing the same thing.
Can you elaborate on this?
There are rumors(Using foreign means), but not provable in any immediate way. But sometimes you can just look for the signs, and even though you are not sure how they are doing it, it becomes obvious that they are.
US market rates, but especially US treasury rates- Defy logic. The relationship between them, and their non proportional reaction to major economic news. When the market jumps up then it would natural for bond rates to go down(Yield up). There is no longer any such correlation. Yesterday for example.
And also remember that this the greatest time of fraud and deceit in the entire history of this nation.
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