Interest Rate Hike Tomorrow?

Great thread!!

Could this be a trigger for a controlled demolition?

is this Obama school of economics?? LOL

INDEED!

AWESOME thread Rev!

[link to www.godlikeproductions.com]

Thanks for the heads up Rev. Just called Matt drudge. Hes gonna call around and do some checking.

THIS/\ \saw it on the news tonight, made me raise my eyebrow. Canada's finance minister told them they couldn't offer the rate they wanted to. Something is up.?.?.?

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As I posted previously... the housing bubble
was created by the Fed by lowering rates and
the bubble was burst by the Fed by raising rates.



The Fed fund rate impacts mortgage rates.


The housing bubble began in 2002-2004,after the Fed had repeatedly lowered rates.

[see link below]


2003 - the Fed lowered rates to 1%, the lowest in 45 years.

2003 - President Bush signs the "American Dream Act."

2004 - homeownership peaked to an all time high.

2004 - Fed begins an ever increasing rise in rates.

2005 - bubble begins to burst while the Fed kept raising rates.

2006 - bubble bursts while the Fed kept raising rates which remained high until late 2007.



Fed Fund Rate Chart:

[link to msnbcmedia3.msn.com]




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None of my friends in Banking have heard anything about a rise in Interest Rates...though I did get wind that Bank of America and J.P. Morgan are skating on thin ice right now and some big players have recently pulled their money out of these institutions...

That most likely says it all...
HIS company (wholesale Lender) must raise HIS rates cause HE is in trouble! (doing you are professional courtesy favor)
Or,
He wants you to LOCK as he will lose margin when they go lower.

Last Edited by Being * gnieB on 03/19/2013 08:52 PM

Why don't we stop all the globalism and just constantly war and kill each other like the good old days?

With the low rates now shouldn't we be seeing another huge boom?

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Quote: " With the low rates now shouldn't we be seeing another huge boom? "

_________________



Not after the 2008 stock market crash that gutted middle class wealth
followed by high unemployment.



Remember the old saying:

"Fool me once, shame on you.

Fool me twice, shame om me. "



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Also... many homeowners are still underwater.



The Dutch never looked at tulips the same way again.


" At the peak of tulip mania, in February 1637, some single tulip bulbs
sold for more than 10 times the annual income of a skilled craftsman.
It is generally considered the first recorded speculative bubble... "


[link to en.wikipedia.org]



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Makes me wonder if there would be boom and bust cycles without the Fed fucking with everything.

maybe not tomorrow, let europe melt first and then worry about interest rate, as long as people confidence in bank not deteriorating no chance of increasing interest rate, increasing interest rate with last inflation data will blow up that inflation data is wrong and make inflation rate goes up

If there were any doom in all of of this it just got GLP'd

Cool! Tell him I'm a big fan.

interesting....



Last Edited by PANIK on 03/20/2013 07:00 AM

Get ready folks... Its coming!!!

relevant: [link to www.marketwatch.com]

CNBC‏@CNBC4m
BREAKING: Fed leaves rates unchanged.

doom off

as always