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re: Fed keeps buying bonds at $85 billion monthly pace

Posted on 6/19/13 at 3:04 pm to
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 6/19/13 at 3:04 pm to
I don't get it either BigFella. After it came out, the market went down 0.5% then up 0.5%, then down 0.5% and stayed down. And is still going down.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 6/19/13 at 3:07 pm to
Good news is bad news, bad news is good news, good news is good news and bad news is bad news. It is all f'd up. The 10 year went nuts today.
Posted by GenesChin
The Promise Land
Member since Feb 2012
37722 posts
Posted on 6/19/13 at 11:00 pm to
quote:

I don't get it either BigFella. After it came out, the market went down 0.5% then up 0.5%, then down 0.5% and stayed down. And is still going down.


Had more to do with the long term plan he basically spelled out which was that the money faucet will eventually be turned off
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