Fed can devalue the USD

    thoughts?

    Posted by lebow on 21st of Sep 2011 at 11:36 am

    The best way for Fed to have a positive stock market reaction is to devalue the USD. Whatever news Fed deliver, the first reaction may be a initial down reaction in both stocks and USD, but looking at the reactions on the monthly job reports, the dropping USD may give the stock market a boost at the end of the day. Just a thought.

    praying for some shock and

    Posted by marketguy on 21st of Sep 2011 at 11:48 am

    praying for some shock and awe by the Fed....would love it to see a 50-70 pt spike "up" (wouldn't that be something  Wink)....

    Aren't many here short the

    Posted by steve88 on 21st of Sep 2011 at 12:12 pm

    Aren't many here short the S&P ?

    It seems that most people

    Posted by kalinm on 21st of Sep 2011 at 11:58 am

    It seems that most people (bulls and bears) are counting on this spike by Bernanke's announcement... what if the spike came, but in the wrong direction?  I would classify that as catching the most people with their pants down.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!