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The Fed kids and the jabber-box syndrome, what in the world............?

catch22catch22
in Off-Topic
The Fed board members are jabbering again............are they really trying to market something or are they pissed that they are not the Chairperson and have to get "stuff" of their backs.......
One is in Paris and jabbered today, Williams is in Aussieland and thinks rates should go up this year, Fisher was perhaps in the U.S. and jabbered today, too. There may be others.........I can't and won't keep track.

And do they every wonder what became of a 5 year business plan for a company. How in hell could one plan one of those today?????

Okay, I've checked a few money centers for tonight and time for the pillow; as 5:30 am is going to be here too soon.

Catch

Comments

  • scott
    Quite simply, it's "baffle them with BS" tactics. I've often thought lately that the FOMC should actually meet LESS and Fed speakers should be limited - this whole thing of four different Fed governors in four difference places over four different days saying four different things is eventually going to result in them having four times less credibility one day when the markets eventually throw up their hands.

    Less Fed communication would actually force the market away from focusing on what the Fed may do today, for better or worse.
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