Fed / quantitative easing/ decision

I bet they taper. But who knows. All these guys know how to do is print money.

They really have no power until fiscal policy is set. Kinda like how the senate passed the farm bill recently, but still so federal budget passed in 5 years. Guys like schumer are in charge. He tells ben to "get to work" (print more money) and tells the american people that budgetary frameworks are better than passing actual budgets.

It sounds crazy, but Ole Putin (and the chinese by proxy) are going to save the USA. They are not going to allow the Neo-Cons to start WWIII just so they can pay the bill for MIC "consulting"

Obamas duty and obligation for his second term is tax (fiscal policy) reform. Just have to get the limp wrist-ed chicken hawks (Gram, McCain, Kerry, Billary,etc.) settled down first. Or atleast that is my hope.

I feel all these consistent daily highs have cushioned the market to minimize loss when end of QE is announced tomorrow.

I doubt they will make any announcement that is meaningful while Bernanke is still in office.

He is retiring at the end of the year and wants to go out on a high, with a "Hey look I left the markets at all time highs in the worst recession in history" legacy.

If they taper it will more then likely just be in mortgages to slow down the housing market which is over heating, but I doubt if they will do anything else imo.

Market should tag on another 200 odd points.

Unless he gets a brain freeze and decides hes gonna commit hari kari then the dow is gonna plunge about 700 odd points in a day.

Sad but true. I weep for a civilization that actually thinks (rationalizes) this way.

You can't cut a junkie off cold turkey or he/she goes into severe withdrawal symptoms.


...same applies for the USA and ..........

Yep its unfortunate but these idiots dont care two jots about the economy, its all about their over sized egos.

Thats why the Fed is always careful to keep mentioning in nearly all their statements they have no intention of stopping QE THIS YEAR.
They stress the THIS YEAR bit every time.

So wait till next year, because Bernanke will go, the next guy comes in, tapers, the markets tank and he has a chance of rebuilding them to all time highs and feeding his over sized ego.

Is it possible the Syrian situation is escalating and they might shake the market to take focus of severity of situation?

There is no situation there. When the guns stop showing up only the retards will come out to play with sticks and stones. It would be different if they had Oil, Gold, rare earths, uranium,etc. Then it might be worth the violence.

Syria has been priced in ages ago, the market doesnt give a shit about Syria.
The only time it would take notice is if Assad suddenly got nukes and threatened to use them or something, other then that, Syria is a non event imo.