Sunday Night Futures
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Weekend:
• Schedule for Week of May 5, 2024
Monday:
• At 2:00 PM ET, *Senior Loan Officer Opinion Survey on Bank Lending
Practices* for April.
From CNBC: ...
11 hours ago
I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
5 comments:
If you were to go back in time 5 years and ask what would happen if the Fed Funds rate was cranked down to 0% and kept there until today, what do you think the responses would have been?
This? I'm using a quarterly average to smooth it out a bit.
I'm starting to lean more deflationary again, and I think I might be there by Christmas. Hard to say. It might depend on how much retailers panic in the back to school season.
July retail sales a 'mixed bag,' up slightly on back-to-school buying
Nothing says back-to-school buying like food and gasoline. Yum, yum, yum!
Sigh.
The plan is to put off the evil day and hope that something turns up. As people like to say "delay and pray".
dearieme,
The "delay and pray" strategy also worked when playing chess, but then some fool invented one of these. ;)
Set the Fed Funds rate at 0% and then patiently wait
Say what! Patiently wait rather than endlessly manipulate? Where's the fun in that?
Besides, what would the pundits, experts and prognosticators have to talk about if they couldn't keep guessing about the Fed's next guesses?
Totally unrelated......
Ronco makes a good product, but imo, there's nothing quite like George Foreman's "set and forget" oven:
http://www.epinions.com/review/GEORGE_FOREMAN_Big_George_Rotisserie_GR80S/content_52752125572?sb=1
mab,
As seen in today's stock market action, even though our monetary policy is only half-baked, it can still burn "sure thing" investors! ;)
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