Inflation figures are crap.. they don’t include energy or food … hmmm two things that are mandatory to spend on to survive… and two things that have very high inflation.

Wall Street is funny though… every time the market gets decent news, or no bad news , the market surges up.. bulls party, celebrate, and brag about the future strength of the economy, but then, they all call for, and expect a rate cut to help stimulate the economy… but if the economy is doing as good as they say, or as good as the markets are showing lately.. then why do they need a rate cut??

On the other hand, if the fed suggests a rate increase, wall street PANICS, in a whiny type fashion…and sells off the market.. and goes… boo hooo.. you are gonna raise rates, that will ruin my quarter here.. even if it is good for the dollar, inflation, and it will help repair our current negative savings rate and maybe prevent future credit and debt problems that Americans face.

I didn’t realize how much wall street panders to the fed, begging and pleading like a spoiled child to the fed to get what they want, then when they get their present, they go bragging instantly to the world… see.. we just got a rate cut!!!! Look at my stock prices surge. or they can use threat to influence the fed by pulling out of the market and saying.. you made me do this… if you raise rates… we will just destroy the markets and then it will be your fault. No one will like you..
and it seems to be working.

I also think the point is that our economy is SO dependent on finance, easy money, and consumer debt, and that is why our markets flip out day to day depending on the latest inflation numbers, or fed rate talk.