Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
The Fed Has Not Stopped Trying to Stimulate the Economy
"The most important thing to understand about the Federal Reserve’s decision Wednesday is that it has decided to keep the monetary policy dial set to “stimulate.”
Indeed, by conventional measures, monetary policy is currently dialed in to as expansive a setting as it ever has been — not only in this recovery, but arguably in the history of the nation."
And it won't stop. Would not be surprised if market went down as it did after QE1, QE2 and QE3 (or 2.5 or whatever you want to call it). The other day you had two Fed governors come out and talk about QE4 with the market down only 7-8%.
Basically, I own what I own long term and will continue to collect dividends and try to be better about being less and less focused on the day to day BS. Things like flavor and fragrance companies. Big industry dominated by only a few names and what replaces the science of taste and smell?
@scott "flavor and fragrance companies" Good Luck in the Giveaway! Starbucks Corp's early re-launch of its popular Pumpkin Spice latte drink failed to heat up business at its U.S. cafes, disappointing Wall Street and sending the company's shares down almost 5 percent. "This is not a Starbucks issue. There is nothing external in terms of competitive issues," said Schultz, who added that the rise of online and mobile shopping has resulted in fewer people visiting shopping malls and other retail areas during the winter holiday season and the weeks leading up to it. This holiday season, the company is giving away 13 "Starbucks for Life" passes to North American users of its Starbucks loyalty card or mobile pay service. Winners will get one free food or drink selection per day for 30 years.
Comments
Basically, I own what I own long term and will continue to collect dividends and try to be better about being less and less focused on the day to day BS. Things like flavor and fragrance companies. Big industry dominated by only a few names and what replaces the science of taste and smell?
Starbucks Corp's early re-launch of its popular Pumpkin Spice latte drink failed to heat up business at its U.S. cafes, disappointing Wall Street and sending the company's shares down almost 5 percent.
"This is not a Starbucks issue. There is nothing external in terms of competitive issues," said Schultz, who added that the rise of online and mobile shopping has resulted in fewer people visiting shopping malls and other retail areas during the winter holiday season and the weeks leading up to it.
This holiday season, the company is giving away 13 "Starbucks for Life" passes to North American users of its Starbucks loyalty card or mobile pay service. Winners will get one free food or drink selection per day for 30 years.
Shares of Starbucks fell $3.68 to $73.64 in after-hours trading.
http://news.yahoo.com/starbucks-americas-sales-weaker-expected-201508055--finance.html