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Thread: Fed will cut bond purchases by $10B in January

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    Fed will cut bond purchases by $10B in January

    Fed will cut bond purchases by $10B in January

    The Federal Reserve said Wednesday it will modestly pare back its extraordinary easy-money program, citing recent momentum in the economy and job market.

    It marks the first big step toward unwinding the massive stimulus the Fed has pumped into the economy since the 2008 financial crisis and Great Recession.
    That is a good sign. I hope the market reacts well. I hope they cut more.
    Last edited by Blue_State; 12-18-13 at 04:08 PM.
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    Re: Fed will cut bond purchases by $10B in January

    This is temporary.

    The economy has become addicted to QE's, artificially low interest rates and massive government intervention. It will crumble without it, IMO.

    I guarantee you that within 12 months at most, QE will be back to $85 billion per month...at least.

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    Re: Fed will cut bond purchases by $10B in January

    But they're keeping interest rates artificially low.

    Can't have a market correction in a election year.

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    Re: Fed will cut bond purchases by $10B in January

    Quote Originally Posted by DA60 View Post
    This is temporary.

    The economy has become addicted to QE's, artificially low interest rates and massive government intervention. It will crumble without it, IMO.

    I guarantee you that within 12 months at most, QE will be back to $85 billion per month...at least.
    Put a reminder in your phone with a link to this thread. Come back and gloat. Or admit you were wrong. Whichever.
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    Re: Fed will cut bond purchases by $10B in January

    Quote Originally Posted by Deuce View Post
    Put a reminder in your phone with a link to this thread. Come back and gloat. Or admit you were wrong. Whichever.
    If I am wrong, I am quite sure someone will remind me.

    And if I am right, I am not big on gloating.

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    Re: Fed will cut bond purchases by $10B in January

    The government just kept a finger in this pseudo-capitalism...

    Maybe our government can make capitalism work as well as their health care plan...

    I'm 33 and terrorized...

    Micosoft is now running the website and....... You do the math..

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    Re: Fed will cut bond purchases by $10B in January

    Quote Originally Posted by DA60 View Post
    This is temporary.

    The economy has become addicted to QE's, artificially low interest rates and massive government intervention. It will crumble without it, IMO.

    I guarantee you that within 12 months at most, QE will be back to $85 billion per month...at least.
    I honestly hope you are wrong, but I can easily see where that may happen. I would like to see a trend of every 6 - 12 months of lowering it until the market corrects.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: Fed will cut bond purchases by $10B in January

    Quote Originally Posted by DA60 View Post
    This is temporary.

    The economy has become addicted to QE's, artificially low interest rates and massive government intervention. It will crumble without it, IMO.

    I guarantee you that within 12 months at most, QE will be back to $85 billion per month...at least.
    Btw - I am changing the guarantee to 12-18 months....as I originally did in another thread.

    Personlly, I still think it will be 12 months...but since I guaranteed it, I want some more wiggle room.

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