Apologies if another thread exists but didnt see one http://www.marketwatch.com/story/fed-continues-to-taper-looking-past-weak-first-quarter-2014-04-30 it almost seems like everything is just dandy and coming back to normal Lol at below Excerpt: "Information received since [the Fed policy committee] met in March indicates that growth in economic activity has picked up recently, after having slowed sharply during the winter in part because of adverse weather conditions," the Fed said in a statement. The central bank also said the labor market "showed further improvement" and consumer spending "appears to be rising more quickly."
I dont care what they spin. US debt is now more than their GDP. If everything goes perfectly the way it is. No wars, nothing. By 2021 US debt will be 25 trillion, best case scenario. They can pretend that everything is going perfect all they want. will reach 50 trillion by 2030. it will all be over before it gets to 50..long over. They can release fudged jobs numbers and retail spending all they want. They are lucky most of the world are complete morons because they are the only thing keeping this afloat.
4th cut, and now stands at $45B a month. Feds positive comments don't really reflect what is happening though. GDP data shows the US economy grew by just 0.1% in first quarter, well below the expected 1.2%. Maybe it's just Putin fever, but maybe it's not. Whatevs.
maybe setting themselves to be heroes in few months; things go awry and then Yellen says we'll save you with more QE and she gets to be a temporary super hero
yep, just like how Ben Bernanke was times person of the year. before they realised he didnt do anything.
Markets still seem to be positive. Really, what's happening with the global economy? Does any of it make sense?
It all makes sense if you understand what is driving the market. It is not domestic events like Q.E......it is global events. Forget P/E ratios etc...all mean nothing in the big picture. The market will keep rising albeit a few corrections along the way. Money is fleeing to the safest option.
Real estate is one way especially if dealing with currency. An awful lot of Russian money has been propping up European real estate. Indonesian money is propping up real estate with of course Chinese money. Asian countries that have borrowed heavily in U.S. dollar to take advantage of cheap rates (private and government) are going to get Mega creamed when the U.S. dollar begins its relentless rise. This will smash the currencies of these countries so the smart ones that understand this will be using real estate, amongst other things, to protect their wealth.
