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What made the Market Drop 100 points this afternoon?

 
Ontheverge

User ID: 34811895
United States
02/20/2013 07:23 PM

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What made the Market Drop 100 points this afternoon?
What did the White House say that made the Market Drop 100 points this afternoon? I heard a headline
on the news, but did not catch the whole story.

Facts welcome.
Anonymous Coward
User ID: 961432
United States
02/20/2013 07:27 PM
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Re: What made the Market Drop 100 points this afternoon?
Supposedly the fed hawks are stretching their wings.

lmao
Anonymous Coward
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United States
02/20/2013 07:29 PM
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Re: What made the Market Drop 100 points this afternoon?
my penis.
Ontheverge (OP)

User ID: 34811895
United States
02/20/2013 08:25 PM

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Re: What made the Market Drop 100 points this afternoon?
Supposedly the fed hawks are stretching their wings.

lmao
 Quoting: Anonymous Coward 961432


Put this is good for inflation, right?
Anonymous Coward
User ID: 961432
United States
02/20/2013 08:28 PM
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Re: What made the Market Drop 100 points this afternoon?
Supposedly the fed hawks are stretching their wings.

lmao
 Quoting: Anonymous Coward 961432


Put this is good for inflation, right?
 Quoting: Ontheverge


Supposedly just the opposite. Meaning, they are getting afraid of all the built potential for higher inflation from the monetary madness they have already committed. So, the more hawkish members of the board are squawking to reduce the fed's actions. Made the markets skitterish. Also, could be one of the reasons precious metals are taking a dive.

ratdance
Anonymous Coward
User ID: 33825975
United States
02/20/2013 08:32 PM
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Re: What made the Market Drop 100 points this afternoon?
Supposedly the fed hawks are stretching their wings.

lmao
 Quoting: Anonymous Coward 961432


Put this is good for inflation, right?
 Quoting: Ontheverge


Supposedly just the opposite. Meaning, they are getting afraid of all the built potential for higher inflation from the monetary madness they have already committed. So, the more hawkish members of the board are squawking to reduce the fed's actions. Made the markets skitterish. Also, could be one of the reasons precious metals are taking a dive.

ratdance
 Quoting: Anonymous Coward 961432


Paper gld and slv fell in value not the shinny stuff.
Anonymous Coward
User ID: 961432
United States
02/20/2013 08:53 PM
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Re: What made the Market Drop 100 points this afternoon?
Supposedly the fed hawks are stretching their wings.

lmao
 Quoting: Anonymous Coward 961432


Put this is good for inflation, right?
 Quoting: Ontheverge


Supposedly just the opposite. Meaning, they are getting afraid of all the built potential for higher inflation from the monetary madness they have already committed. So, the more hawkish members of the board are squawking to reduce the fed's actions. Made the markets skitterish. Also, could be one of the reasons precious metals are taking a dive.

ratdance
 Quoting: Anonymous Coward 961432


Paper gld and slv fell in value not the shinny stuff.
 Quoting: Anonymous Coward 33825975


Still keeping my eye on the backwardation. The nearest future's contract has been in backwardation for quite a while now, and still is despite the tank. They can't sell huge quantities on the markets anymore, ppl aren't leasing it out due to backwardation, so they can only flood the future's with naked shorts.

But that serves to drive down the future's price while spot is always higher. They solve nothing with this scheme, in fact they are finally beginning to reap from what they have sown for over 40 years.

.
Anonymous Coward
User ID: 18713240
United States
02/20/2013 08:56 PM
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Re: What made the Market Drop 100 points this afternoon?
Fed indicating QE will be under review. Plus now folks are starting to understand the sequester really may happen. You want doom - well watch this thing play out if the sequester does occur
Anonymous Coward
User ID: 34819216
Brazil
02/20/2013 09:06 PM
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Re: What made the Market Drop 100 points this afternoon?
Increased public knowledge about the Masonic pyramid in North Korea funded by Bill Gates and other powerful Western Masons...


ohyeah
Anonymous Coward
User ID: 961432
United States
02/20/2013 09:12 PM
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Re: What made the Market Drop 100 points this afternoon?
Fed indicating QE will be under review. Plus now folks are starting to understand the sequester really may happen. You want doom - well watch this thing play out if the sequester does occur
 Quoting: Anonymous Coward 18713240


I seriously doubt they are genuinely entertaining this idea. They probably have some advantage for their member banks by jawboning like this. Remember, the fed serves the banks not the people, they have no interest in maintaining the value of the dollar for the public.

.
Anonymous Coward
User ID: 11256851
Canada
02/20/2013 10:10 PM
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Re: What made the Market Drop 100 points this afternoon?
gambling as instructed

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