Operation Twist

[347Mike]

Opinions?

Why is the market not liking this? It seems better than going into another QE.

http://money.cnn.com/2011/09/21/news/economy/federal_reserve_operation_twist/?cnn=yes

[Geor!]

Aren't interest rates already next to nothing? It's not the goddamn interest rates that are the problem.

[STANGGT40]

Opinions?

Why is the market not liking this? It seems better than going into another QE.

http://money.cnn.com/2011/09/21/news...twist/?cnn=yes

probably because interest rates are already very low, and that doesn't seem to be fixing the problem. unless something is done to make the banks more lax in their lending practices, then nothing really changes.

[347Mike]

Aren't interest rates already next to nothing? It's not the goddamn interest rates that are the problem.

That is sort of what I was thinking.

[Broncojohnny]

probably because interest rates are already very low, and that doesn't seem to be fixing the problem. unless something is done to make the banks more lax in their lending practices, then nothing really changes.

Can't do that, the regulators would be all over their asses thanks to the Dodd-Frank bill.

I have heard both arguments, that their is no demand for loans and that the banks can't lend. I tend to believe the latter of the two. At the end of the day I don't care to be honest. What is going to happen here is that bank and other financial stocks are going to sit in limbo until we get a Republican president and most likely a Republican congress who either completely repeals Dodd-Frank or guts it.

[347Mike]

Probably another 2 days of bloodshed.

[Broncojohnny]

Probably another 2 days of bloodshed.

Shit I hope so. Time to make some money bitches!!

[347Mike]

Shit I hope so. Time to make some money bitches!!

Unlike you and your years and years of experience I get uneasy when my portfolio turns red...

I did deposit some more monies though to throw in the event it does go lower...

[Broncojohnny]

Unlike you and your years and years of experience I get uneasy when my portfolio turns red...

I did deposit some more monies though to throw in the event it does go lower...

The stock market is just a quoting system saying what some idiot is willing to sell his shares for and what some other idiot is willing to buy yours for. I don't really care what some tinfoil hat wearing shitheel is willing to pay for my shares.

[347Mike]

The stock market is just a quoting system saying what some idiot is willing to sell his shares for and what some other idiot is willing to buy yours for. I don't really care what some tinfoil hat wearing shitheel is willing to pay for my shares.

Yeah, still doesn't help my stomach churning.

[slow99]

Aren't interest rates already next to nothing? It's not the goddamn interest rates that are the problem.

Think slope of the yield curve, not absolute rates.

[Geor!]

Think slope of the yield curve, not absolute rates.

"I don't know that we'll necessarily see a further move in the yield curve -- there has already been a pretty significant move," said Michael Pond, Treasury and inflation-linked strategist at Barclays Capital in New York.

"It's not clear that there's much more to go. Whether the purchases will have an additional impact isn't clear, and probably not likely."

[Captain Crawfish]

Opportunity awaits! Bitches will get the horns just like they always do!

[Broncojohnny]

Woo hoo, futures getting murdered, credit markets drying up, I think the dumbasses got the banking crisis they've all been blogging about. We'll be back in a full blown recession before we know it. At least we won't have to worry about that dumbfuck getting re-elected.

[Captain Crawfish]

Im out! Given away almost 3K in 3 days Im keeping the rest of my profits