What the Fed Sees (Musical Trubute)

September 18, 2015
Here's what the Federal Reserve wants to see before raising interest rates from record lows

Who cares what they want to see? Let's talk instead about what the Fed does see! Their justification for not raising rates was certainly dire. I think it is so dire that it needs a musical tribute, lol. Sigh.



The Fed tried to warn us that the rates would not go high
All the time to warn us so we only bought "strong buys"
They all tried to tell us but I guess we didn't care
We turned our backs and heard the growling bear

All the burning markets weren't just Chinese can't you see?
All the misplaced savings meant that burning stocks weren't cheap
Dividends bought in bulk soon heading for the floor
Burning markets lost forevermore

Greenspan tried to help us find some jobs a while ago
When we finally got them Ben did become our foe
The party Yellen gave for us when we could not pay
Now there's nothing left for us to save

All the burning markets weren't just Chinese can't you see?
All the misplaced savings meant that burning stocks weren't cheap
Dividends bought in bulk soon heading for the floor
Burning markets lost forevermore

Years have passed and we keep thinking, all this ZIRP's a sin
We look back into the past and think of bonds back then
We know that we lost everything we bet that we could win
I guess we should have listened to the Fed

All the burning markets weren't just Chinese can't you see?
All the misplaced savings meant that burning stocks weren't cheap
Dividends bought in bulk soon heading for the floor
Burning markets lost forevermore

Burning markets lost forevermore