Dow down 333...thanks GOP Congress***

[RichardPeterJohnson]

88

 

[MountainBill]

Just the Fed threatening to jack up interest rates beyond ZERO


percent. Because of the ZERO percent money the ONLY place to put money over the last 5 or 6 years has been the market. I hate to beat a dead horse but the market is rigged...the big boys KNOW when and what the Fed is going to do way before the little guys do. Evidently, the economy must really suck as they have been printing money and keeping money at zero percent far longer than I thought they would.

 

[Popeer]

Re: Just the Fed threatening to jack up interest rates beyond ZERO

The economy doesn't suck. Guys like me don't like seeing our funds moving backward, but even with the slip it's on track to grow by 7-10 percent this year -- analysts have been saying for months that the market is overinflated and in bad need of a correction. As for the "printing money" they stopped that when they said they would last fall, so it's not like the big boys just realized that the gravy train was pulling into the station.

 

[mneilmont]

Wow what is the source


GDP projected at 3.1%. Inflation not expected to need controlled. Forbes and Fed Res expects growth at 1.5% range. Is 7-10% reasonable? Why? There will not be a tremendous demand for money to grow capacity. Don't follow your projection.