The Fed’s $600 Billion Statement, Translated Into Plain English

[faterikcartman]

How often do models get their nose rubbed in it by the real world?

[XBoxBoy]

[quote=Arraya]Given that the economy faces $15 trillion in writedowns in collateral and credit, the Fed’s $2 trillion dollars in new credit/liquidity is insufficient to trigger either inflation or another speculative bubble.[/quote]

So, then how do you explain the stock market’s action over the last six months? Surely you don’t think fundamentals justify the market’s run do you?

[XBoxBoy]

[quote=Arraya]Given that the economy faces $15 trillion in writedowns in collateral and credit, the Fed’s $2 trillion dollars in new credit/liquidity is insufficient to trigger either inflation or another speculative bubble.[/quote]

So, then how do you explain the stock market’s action over the last six months? Surely you don’t think fundamentals justify the market’s run do you?

[XBoxBoy]

[quote=Arraya]Given that the economy faces $15 trillion in writedowns in collateral and credit, the Fed’s $2 trillion dollars in new credit/liquidity is insufficient to trigger either inflation or another speculative bubble.[/quote]

So, then how do you explain the stock market’s action over the last six months? Surely you don’t think fundamentals justify the market’s run do you?

[XBoxBoy]

[quote=Arraya]Given that the economy faces $15 trillion in writedowns in collateral and credit, the Fed’s $2 trillion dollars in new credit/liquidity is insufficient to trigger either inflation or another speculative bubble.[/quote]

So, then how do you explain the stock market’s action over the last six months? Surely you don’t think fundamentals justify the market’s run do you?

[XBoxBoy]

[quote=Arraya]Given that the economy faces $15 trillion in writedowns in collateral and credit, the Fed’s $2 trillion dollars in new credit/liquidity is insufficient to trigger either inflation or another speculative bubble.[/quote]

So, then how do you explain the stock market’s action over the last six months? Surely you don’t think fundamentals justify the market’s run do you?

[sdrealtor]

No body is hiring? I have a client that is coming to town next week to look for a house. He was just hired. I have another client that after being out of work a couple years just got a new executive position.

Nobody is building? I went to check out 6 new home developments currently underconstruction in South Carlsbad within 10 minutes of my home. I drove through road construction projects. This morning I drove past a massive new hospital construction project in Escondido. I picked up my mom to take her to dinner and they are building a few dozen new independent living apartments where she lives. On our way to dinner we drove past the Scripps Encinitas construction project.

Maybe not on a national level but around here they seem to be hiring and building. The economy around here seems to be doing a helluva a lot better than the rest of the country.

[sdrealtor]

No body is hiring? I have a client that is coming to town next week to look for a house. He was just hired. I have another client that after being out of work a couple years just got a new executive position.

Nobody is building? I went to check out 6 new home developments currently underconstruction in South Carlsbad within 10 minutes of my home. I drove through road construction projects. This morning I drove past a massive new hospital construction project in Escondido. I picked up my mom to take her to dinner and they are building a few dozen new independent living apartments where she lives. On our way to dinner we drove past the Scripps Encinitas construction project.

Maybe not on a national level but around here they seem to be hiring and building. The economy around here seems to be doing a helluva a lot better than the rest of the country.

[sdrealtor]

No body is hiring? I have a client that is coming to town next week to look for a house. He was just hired. I have another client that after being out of work a couple years just got a new executive position.

Nobody is building? I went to check out 6 new home developments currently underconstruction in South Carlsbad within 10 minutes of my home. I drove through road construction projects. This morning I drove past a massive new hospital construction project in Escondido. I picked up my mom to take her to dinner and they are building a few dozen new independent living apartments where she lives. On our way to dinner we drove past the Scripps Encinitas construction project.

Maybe not on a national level but around here they seem to be hiring and building. The economy around here seems to be doing a helluva a lot better than the rest of the country.

[sdrealtor]

No body is hiring? I have a client that is coming to town next week to look for a house. He was just hired. I have another client that after being out of work a couple years just got a new executive position.

Nobody is building? I went to check out 6 new home developments currently underconstruction in South Carlsbad within 10 minutes of my home. I drove through road construction projects. This morning I drove past a massive new hospital construction project in Escondido. I picked up my mom to take her to dinner and they are building a few dozen new independent living apartments where she lives. On our way to dinner we drove past the Scripps Encinitas construction project.

Maybe not on a national level but around here they seem to be hiring and building. The economy around here seems to be doing a helluva a lot better than the rest of the country.

[sdrealtor]

No body is hiring? I have a client that is coming to town next week to look for a house. He was just hired. I have another client that after being out of work a couple years just got a new executive position.

Nobody is building? I went to check out 6 new home developments currently underconstruction in South Carlsbad within 10 minutes of my home. I drove through road construction projects. This morning I drove past a massive new hospital construction project in Escondido. I picked up my mom to take her to dinner and they are building a few dozen new independent living apartments where she lives. On our way to dinner we drove past the Scripps Encinitas construction project.

Maybe not on a national level but around here they seem to be hiring and building. The economy around here seems to be doing a helluva a lot better than the rest of the country.

[Arraya]

No, I don’t. I think we are in a counter trend rally that will turn- then everybody will be jumping on the deflation band wagon again like they did back in May. I do, however, think they can push market and exacerbate the trend for periods of time.

[Arraya]

No, I don’t. I think we are in a counter trend rally that will turn- then everybody will be jumping on the deflation band wagon again like they did back in May. I do, however, think they can push market and exacerbate the trend for periods of time.

[Arraya]

No, I don’t. I think we are in a counter trend rally that will turn- then everybody will be jumping on the deflation band wagon again like they did back in May. I do, however, think they can push market and exacerbate the trend for periods of time.

[Arraya]

No, I don’t. I think we are in a counter trend rally that will turn- then everybody will be jumping on the deflation band wagon again like they did back in May. I do, however, think they can push market and exacerbate the trend for periods of time.

[Author]

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