"Let Them Eat CaQE": Yellen Abandons Markets; Stocks Plunge
"F'ed Up"
Fed vs Mawkets https://t.co/VRiEASX4y9
— Dick Darlington (@Darlington_Dick) January 27, 2016
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Wall Street Economists React To The Fed's Statement
After the Fed's statement, one thing was clear: the career economists at the Marriner Eccles building are very confused, admitting to hiking rates for the first time in nine years "even as economic growth slowed late last year".
Why Lower Gasoline Prices Are Not Stimulating The Economy
Submitted by Tom McClellan via MCOscillator.com,
Fed officials and financial news reporters are collectively wondering why the economy seems to be slowing down, even though lower oil and gasoline prices ought to be a stimulative factor. If consumers are spending less of their money on gasoline, then they ought to have more to spend on other stuff, or so goes the reasoning. So why is it not working?
Dow Crashes 350 Points From Post-Fed Highs
Well that escalated quickly...
Dow futures are down over 350 points from the 16,151 knee-jerk fed highs...
The Resurrection Of The Dying Art Of Economic Analysis (Or When The Fed Fails)
Detailed analysis of economic data is a dying art.
As Bloomberg's Mark Cudmore notes, confirming the detailed and depressing reality of Citi's Matt King, all that investors seem to care about is the performance of financial assets and the related reaction of central banks.
The past seven year bull-market has largely justified the logic of such an approach, but the frenzied panic of the last month raises the question of whether investors will know how to adapt if the framework changes again.