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BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!

 
DoorBert

User ID: 857877
United States
06/07/2012 07:14 AM

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BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
China cuts interest rates as of June 8: cuts deposit rate by 0.25%, lending rate by 0.25%

[link to twitter.com]


BREAKING: CHINA CENTRAL BANK CUTS INTEREST RATE BY 25 BASIS POINTS.

[link to twitter.com]

Last Edited by DoorBert on 06/07/2012 10:06 AM
DoorBert (OP)

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06/07/2012 07:17 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Breaking: China cut its benchmark interest rate by 0.25-percentage point to 3.25%.

U.S. stock futures climb on the news.

[link to twitter.com]
DoorBert (OP)

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06/07/2012 07:23 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
European Stocks Extend Gains As China Cuts Interest Rates

[link to www.bloomberg.com]
Anonymous Coward
User ID: 17540164
Kenya
06/07/2012 07:28 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
DO NOT BE FOOLED THEY CAN PRINT MONEY AND BUY STOCKS ETC BUT THE MORE THEY DO IT THE HARDER IT WILL COLLAPSE.. IT'S BUT A TICKING TIME BOMB AND IT'S ABOUT TO EXPLODE!

I AM STILL WARNING ALL THOSE PTB THAT HAVEN'T MADE THEIR "INVESTMENT" TO DO SO WHILE THERE IS STILL TIME.. SOON THERE WILL BE NO MERCY... AND THE WEALTH YOU LEAVE BEHIND NOBODY CAN TOUCH BUT GOD.
byekitty
Anonymous Coward
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06/07/2012 07:29 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
AND I'M DEAD SERIOUS!!! GET IT?
Anonymous Coward
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Kenya
06/07/2012 07:30 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Anonymous Coward
User ID: 17474388
South Africa
06/07/2012 07:40 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Is that you Obama
DoorBert (OP)

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06/07/2012 08:06 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
China Cuts Interest Rates, Stock Futures Jump

China’s central bank, the People’s Bank of China, has announced an interest rate cut of 0.25% on both its lending and deposit rates. The new rates, which take effect tomorrow, will lower the one-year lending rate to 6.31% and the one-year deposit rate to 3.25%.

US index futures rose sharply following China’s unexpected rate cuts. The DJIA futures index is up 0.54%, while the S&P 500 is up 0.75% and the Nasdaq is up 0.63%.

Read more: China Cuts Interest Rates, Stock Futures Jump - 24/7 Wall St. [link to 247wallst.com]
DoorBert (OP)

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06/07/2012 09:38 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
DJIA up over 1%

[link to www.bloomberg.com]
Anonymous Coward
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06/07/2012 09:40 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
lmao5almao5almao5a
DoorBert (OP)

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06/07/2012 09:42 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
China Rate Move Helps Stocks Extend Rally for Second Day

[link to www.foxbusiness.com]
Anonymous Coward
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06/07/2012 09:43 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
China Rate Move Helps Stocks Extend Rally for Second Day

[link to www.foxbusiness.com]
 Quoting: DoorBert


let the meltup continue. inflation is fun.
DoorBert (OP)

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06/07/2012 09:45 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
In a surprising move, China's central bank cut its key interest rate by 25 basis points, saying the move would take effect Friday. In addition, banks were granted additional flexibility to set competitive lending and deposit rates in step along the path of liberalization. The moves come as China looks to bolster its sagging economic growth.

Meanwhile, claims for unemployment benefits fell more than expected last week for the first time in April, declining 12,000 to a seasonally adjusted 377,000, according to the Labor Department. Economists polled by Reuters had expected a reading of 380,000. The four-week moving average for new claims increased 1,750 last week to 377,750.

Fed Chairman Ben Bernanke testifies before the Congressional Joint Economic Committee on the economic outlook at 10:00 a.m. ET. His comments are likely to be watched carefully for any hint of further easing moves by the Fed in the wake of last week’s disappointing May employment and ongoing concerns in the euro zone.

[link to www.cnbc.com]
Anonymous Coward
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06/07/2012 09:47 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Zazz, Brain and the rest of them will get on here and paint a rosy picture of prosperity, up till the election. Then the hammer comes down and they dissapear.....
Anonymous Coward
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06/07/2012 09:50 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Zazz, Brain and the rest of them will get on here and paint a rosy picture of prosperity, up till the election. Then the hammer comes down and they dissapear.....
 Quoting: Anonymous Coward 2926765


whatever
Anonymous Coward
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06/07/2012 09:51 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
They cut interest rates and I cut farts(because ZAZZ likes to sniff them)!
Anonymous Coward
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06/07/2012 09:53 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Zazz, Brain and the rest of them will get on here and paint a rosy picture of prosperity, up till the election. Then the hammer comes down and they dissapear.....
 Quoting: Anonymous Coward 2926765


whatever
 Quoting: NostradamZAZZ


lmao
Anonymous Coward
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06/07/2012 09:55 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
They cut interest rates and I cut farts(because ZAZZ likes to sniff them)!
 Quoting: Anonymous Coward 17545810


You don't even need to fart. Since you haven't left your mom's basement in over 3 months, everyone can smell you through the Internet!
Anonymous Coward
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United States
06/07/2012 09:55 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Zazz, Brain and the rest of them will get on here and paint a rosy picture of prosperity, up till the election. Then the hammer comes down and they dissapear.....
 Quoting: Anonymous Coward 2926765


whatever
 Quoting: NostradamZAZZ


lmao
 Quoting: Anonymous Coward 2926765


KEEP DREAMING JUNIOR
Anonymous Coward
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06/07/2012 10:04 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
We are thriving, as expected

clappa
DoorBert (OP)

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06/07/2012 10:06 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Breaking: Bernanke said the Fed is "prepared to take action" if the U.S. economy is threatened by Europe.

[link to twitter.com]
DoorBert (OP)

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06/07/2012 10:08 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Bernanke Live Feed:

[link to www.cnbc.com]
DoorBert (OP)

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06/07/2012 10:09 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
QE3 in the making? BERNANKE SAYS FED READY TO ACT, REFRAINS FROM DETAILING STEPS.
DoorBert (OP)

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06/07/2012 10:13 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Bernanke: Fed ready to act if stresses escalate

[link to www.marketwatch.com]
Blue Thunder Storm

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06/07/2012 10:39 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
AND I'M DEAD SERIOUS!!! GET IT?
 Quoting: Anonymous Coward 17540164


Is that you Obama
 Quoting: Anonymous Coward 17474388


1rof1
All types of knowledge, ultimately mean self knowledge.
DoorBert (OP)

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06/07/2012 10:57 AM

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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Much thanks for super pin!!!
Anonymous Coward
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06/07/2012 11:00 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
ahhh
Anonymous Coward
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United States
06/07/2012 11:02 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Zazz, Brain and the rest of them will get on here and paint a rosy picture of prosperity, up till the election. Then the hammer comes down and they dissapear.....
 Quoting: Anonymous Coward 2926765


whatever
 Quoting: NostradamZAZZ


lmao
 Quoting: Anonymous Coward 2926765


KEEP DREAMING JUNIOR
 Quoting: NostradamZAZZ


who were u before the election? Entropy, BobNightMan?
Anonymous Coward
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06/07/2012 11:04 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
This tells me that China growth is slowing dramatically.Normally with the high inflation rate in China, they would not do that unless they feel growth would slow down significantly and impact jobs and employment.

The game of the musical chair is ending. Welcome to currency wars.
Anonymous Coward
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06/07/2012 11:07 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Breaking: Bernanke said the Fed is "prepared to take action" if the U.S. economy is threatened by Europe.

[link to twitter.com]
 Quoting: DoorBert


Translation:

US Treasury is prepared to go further into debt HELL and HYPERINFLATION to pretend that Benanke's got any control over this at all...

GET GOLD and SILVER AND HOLD LONG
AmericanJedi

User ID: 1503533
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06/07/2012 11:10 AM
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Re: BREAKING: STOCKS SOAR after China Cuts Benchmark Interest Rate! Bernanke Ready to Take Action!!!
Wow, I just love the celebration of corporate welfare. It's like Christmas for people to lazy to work and to scared to steal.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
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