Fed in bold move to thaw credit markets says it will buy massive amounts of short-term debt

[alarmclock]

Better make sure those circuit breakers are all ready.
http://www.nyse.com/press/circuit_breakers.html

Can someone explain why, a priori, the “Federal Reserve” would be so concerned with the goings on in the “Stock Market”? I mean: if you were setting up a brand new nation, would you expect the former to be so interested int the latter?

[Coronita]

[quote=alarmclock]Better make sure those circuit breakers are all ready.
http://www.nyse.com/press/circuit_breakers.html

Can someone explain why, a priori, the “Federal Reserve” would be so concerned with the goings on in the “Stock Market”? I mean: if you were setting up a brand new nation, would you expect the former to be so interested int the latter?[/quote]

not gonna happen (yet) me thinks…Fed still can cut rates to 0% 🙂 After that, all bets are off. I wouldn’t be surprised if we end today back in green on a whisper or rumor..

Don’t play this game if you’re not going to acknowledge might end up losing it all.

[Coronita]

[quote=alarmclock]Better make sure those circuit breakers are all ready.
http://www.nyse.com/press/circuit_breakers.html

Can someone explain why, a priori, the “Federal Reserve” would be so concerned with the goings on in the “Stock Market”? I mean: if you were setting up a brand new nation, would you expect the former to be so interested int the latter?[/quote]

not gonna happen (yet) me thinks…Fed still can cut rates to 0% 🙂 After that, all bets are off. I wouldn’t be surprised if we end today back in green on a whisper or rumor..

Don’t play this game if you’re not going to acknowledge might end up losing it all.

[Coronita]

[quote=alarmclock]Better make sure those circuit breakers are all ready.
http://www.nyse.com/press/circuit_breakers.html

Can someone explain why, a priori, the “Federal Reserve” would be so concerned with the goings on in the “Stock Market”? I mean: if you were setting up a brand new nation, would you expect the former to be so interested int the latter?[/quote]

not gonna happen (yet) me thinks…Fed still can cut rates to 0% 🙂 After that, all bets are off. I wouldn’t be surprised if we end today back in green on a whisper or rumor..

Don’t play this game if you’re not going to acknowledge might end up losing it all.

[Coronita]

[quote=alarmclock]Better make sure those circuit breakers are all ready.
http://www.nyse.com/press/circuit_breakers.html

Can someone explain why, a priori, the “Federal Reserve” would be so concerned with the goings on in the “Stock Market”? I mean: if you were setting up a brand new nation, would you expect the former to be so interested int the latter?[/quote]

not gonna happen (yet) me thinks…Fed still can cut rates to 0% 🙂 After that, all bets are off. I wouldn’t be surprised if we end today back in green on a whisper or rumor..

Don’t play this game if you’re not going to acknowledge might end up losing it all.

[Coronita]

[quote=alarmclock]Better make sure those circuit breakers are all ready.
http://www.nyse.com/press/circuit_breakers.html

Can someone explain why, a priori, the “Federal Reserve” would be so concerned with the goings on in the “Stock Market”? I mean: if you were setting up a brand new nation, would you expect the former to be so interested int the latter?[/quote]

not gonna happen (yet) me thinks…Fed still can cut rates to 0% 🙂 After that, all bets are off. I wouldn’t be surprised if we end today back in green on a whisper or rumor..

Don’t play this game if you’re not going to acknowledge might end up losing it all.

[bsrsharma]

Cramer just advised on NBC to sell if you need funds within next 5 years. He expects market to drop 20%. (DOW 8000).

[bsrsharma]

Cramer just advised on NBC to sell if you need funds within next 5 years. He expects market to drop 20%. (DOW 8000).

[bsrsharma]

Cramer just advised on NBC to sell if you need funds within next 5 years. He expects market to drop 20%. (DOW 8000).

[bsrsharma]

Cramer just advised on NBC to sell if you need funds within next 5 years. He expects market to drop 20%. (DOW 8000).

[bsrsharma]

Cramer just advised on NBC to sell if you need funds within next 5 years. He expects market to drop 20%. (DOW 8000).

[Arraya]

This will have ramifications
.
http://www.smartbrief.com/news/sifmaglobal/storyDetails.jsp?issueid=DE45E469-786A-4D5F-8363-3CDB39CA7009&copyid=CF6988CC-50D6-448B-B0EA-8D2AC1CD77AA

Market to set price for settling $500 billion in contracts

SIFMA GLOBAL SMARTBRIEF | 10/06/2008
Through a series of auctions due to be completed today, the credit derivatives market will determine the price — known as the recovery value — for as much as $500 billion in Fannie Mae- and Freddie Mac-related contracts. “The operational risks of having [the biggest auctions ever] in an extremely risk-averse market lead us to think that recoveries may be lower than the market expects,” said a Citi analyst. Financial Times (10/05)

http://globalguerrillas.typepad.com/

If we look at today’s global environment we see a relatively high performance system driven by real-time global markets and rapid technological progress. Its performance explains why it is spreading so quickly. However, it is also moderately unstable. In our drive towards higher levels of performance we pursued a path of rampant global interconnectivity that has quickly outpaced our ability to dampen excess. The old dampening functions of borders, distance, government, etc are quickly fading. The result is a system vulnerable to rogue feedback. Even a small amount of it can cause global reverberations….

This conclusion also calls into question the efficacy of the idea that merely increasing connectivity is an answer to our problems. Increasing connectivity too fast, in a system without intrinsic dampening or control systems that work, will only accelerate the chaos (human nature doesn’t change as fast as technology)…. Also, the complexity of this system puts the lie to the idea that we know how to actively dampen its behavior through centralized systems of control. We neither have the scale nor the collective intelligence to pull it off. The only real solution rests on redesigning the system itself, to enable it to become more tolerant of rogue feedback…

[Arraya]

This will have ramifications
.
http://www.smartbrief.com/news/sifmaglobal/storyDetails.jsp?issueid=DE45E469-786A-4D5F-8363-3CDB39CA7009&copyid=CF6988CC-50D6-448B-B0EA-8D2AC1CD77AA

Market to set price for settling $500 billion in contracts

SIFMA GLOBAL SMARTBRIEF | 10/06/2008
Through a series of auctions due to be completed today, the credit derivatives market will determine the price — known as the recovery value — for as much as $500 billion in Fannie Mae- and Freddie Mac-related contracts. “The operational risks of having [the biggest auctions ever] in an extremely risk-averse market lead us to think that recoveries may be lower than the market expects,” said a Citi analyst. Financial Times (10/05)

http://globalguerrillas.typepad.com/

If we look at today’s global environment we see a relatively high performance system driven by real-time global markets and rapid technological progress. Its performance explains why it is spreading so quickly. However, it is also moderately unstable. In our drive towards higher levels of performance we pursued a path of rampant global interconnectivity that has quickly outpaced our ability to dampen excess. The old dampening functions of borders, distance, government, etc are quickly fading. The result is a system vulnerable to rogue feedback. Even a small amount of it can cause global reverberations….

This conclusion also calls into question the efficacy of the idea that merely increasing connectivity is an answer to our problems. Increasing connectivity too fast, in a system without intrinsic dampening or control systems that work, will only accelerate the chaos (human nature doesn’t change as fast as technology)…. Also, the complexity of this system puts the lie to the idea that we know how to actively dampen its behavior through centralized systems of control. We neither have the scale nor the collective intelligence to pull it off. The only real solution rests on redesigning the system itself, to enable it to become more tolerant of rogue feedback…

[Arraya]

This will have ramifications
.
http://www.smartbrief.com/news/sifmaglobal/storyDetails.jsp?issueid=DE45E469-786A-4D5F-8363-3CDB39CA7009&copyid=CF6988CC-50D6-448B-B0EA-8D2AC1CD77AA

Market to set price for settling $500 billion in contracts

SIFMA GLOBAL SMARTBRIEF | 10/06/2008
Through a series of auctions due to be completed today, the credit derivatives market will determine the price — known as the recovery value — for as much as $500 billion in Fannie Mae- and Freddie Mac-related contracts. “The operational risks of having [the biggest auctions ever] in an extremely risk-averse market lead us to think that recoveries may be lower than the market expects,” said a Citi analyst. Financial Times (10/05)

http://globalguerrillas.typepad.com/

If we look at today’s global environment we see a relatively high performance system driven by real-time global markets and rapid technological progress. Its performance explains why it is spreading so quickly. However, it is also moderately unstable. In our drive towards higher levels of performance we pursued a path of rampant global interconnectivity that has quickly outpaced our ability to dampen excess. The old dampening functions of borders, distance, government, etc are quickly fading. The result is a system vulnerable to rogue feedback. Even a small amount of it can cause global reverberations….

This conclusion also calls into question the efficacy of the idea that merely increasing connectivity is an answer to our problems. Increasing connectivity too fast, in a system without intrinsic dampening or control systems that work, will only accelerate the chaos (human nature doesn’t change as fast as technology)…. Also, the complexity of this system puts the lie to the idea that we know how to actively dampen its behavior through centralized systems of control. We neither have the scale nor the collective intelligence to pull it off. The only real solution rests on redesigning the system itself, to enable it to become more tolerant of rogue feedback…

[Arraya]

This will have ramifications
.
http://www.smartbrief.com/news/sifmaglobal/storyDetails.jsp?issueid=DE45E469-786A-4D5F-8363-3CDB39CA7009&copyid=CF6988CC-50D6-448B-B0EA-8D2AC1CD77AA

Market to set price for settling $500 billion in contracts

SIFMA GLOBAL SMARTBRIEF | 10/06/2008
Through a series of auctions due to be completed today, the credit derivatives market will determine the price — known as the recovery value — for as much as $500 billion in Fannie Mae- and Freddie Mac-related contracts. “The operational risks of having [the biggest auctions ever] in an extremely risk-averse market lead us to think that recoveries may be lower than the market expects,” said a Citi analyst. Financial Times (10/05)

http://globalguerrillas.typepad.com/

If we look at today’s global environment we see a relatively high performance system driven by real-time global markets and rapid technological progress. Its performance explains why it is spreading so quickly. However, it is also moderately unstable. In our drive towards higher levels of performance we pursued a path of rampant global interconnectivity that has quickly outpaced our ability to dampen excess. The old dampening functions of borders, distance, government, etc are quickly fading. The result is a system vulnerable to rogue feedback. Even a small amount of it can cause global reverberations….

This conclusion also calls into question the efficacy of the idea that merely increasing connectivity is an answer to our problems. Increasing connectivity too fast, in a system without intrinsic dampening or control systems that work, will only accelerate the chaos (human nature doesn’t change as fast as technology)…. Also, the complexity of this system puts the lie to the idea that we know how to actively dampen its behavior through centralized systems of control. We neither have the scale nor the collective intelligence to pull it off. The only real solution rests on redesigning the system itself, to enable it to become more tolerant of rogue feedback…

[Author]

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