My SPYder sense is tingling! I think Berwanker is going to suprise everybody by coming up with something uber-stupid. The markets will go ballistic in the short term and then there will be another black swan event and the market will tank. Public will go nuts trying to make sense of the news...and eventually will simply get frustrated and cash out of the market.

there might be a snapback rally - some traders are saying that whenever the 1o yr bond to SnP ratio went over .9, there was a rally almost everytime in the past decade.

ofcourse we all cant muster the sense of certainity with which you state your opinions coz there is only one crystal ball which is wrong 75 percent of the time.

Propagandhi711 wrote:..... there is only one crystal ball which is wrong 75 percent of the time.

huh??? Either you haven't been paying attention or your math is really weak.

just read your last post,...it's titled predictions for 2011

Propagandhi711 wrote:just read your last post,...it's titled predictions for 2011

2011 isn't over yet! Check my predictions for 2010!

harharmahadev wrote:

Propagandhi711 wrote:just read your last post,...it's titled predictions for 2011

2011 isn't over yet! Check my predictions for 2010!

link?

Another Brick wrote:

harharmahadev wrote:

Propagandhi711 wrote:just read your last post,...it's titled predictions for 2011

2011 isn't over yet! Check my predictions for 2010!

link?

Here's what I had predicted for 2010.
http://www.desichatter.com/forums/showthread.php?t=3145


2010 will be the year when Wheat get's separated from the chaff. Has the
economy recovered from a recession or is it just a mirage created by
central banks? The answer will lie in the US Dollar.


- The US Dollar will rise. The US stock market will rise. Japanese
stocks will rise. Everything else will fall.


- BRIC countries will come under pressure and will have to redefine
their US-centric economic policies.
- China will revalue the Yuan. How
the Chinese economy is able to sustain the revaluation will become
evident by commodity prices. In other words, if commodity prices
continue to rise after a revaluation, it would indicate a Chinese
economy tethering it's link from the US. If it cannot tether
successfully, commodity prices, along with chinese stock markets, will
fall sharply.


- The world will witness more sovereign defaults.


- The Euro currency will come under threat. One or more countries may
opt out of the Euro zone.


- India's economy will implode from it's growing fiscal deficits, trade
imbalances and rising inflation. Food prices will double and triple in
INR terms, specifically wheat prices. The rich who hold stocks of
major production companies (Tata, Birla, etc), real estate, gold,
commodities will see their assets rise dramatically. Wage-earners and
bond holders will feel poorer and poorer by the day, eventually leading
to riots. This will lead to more socialist policies like food
rationing, which will result in food hoarding. We will end up with a
bipolar society - a rich class who has too much money but doesn't
really want to spend it and the poor who aspires to be wealthy but ends
up spinning his wheels.


- Terrorism in Pakistan and Afghanistan will slowly begin to calm down.
These countries will make an effort to stabilize their economies and
bring back some semblance of law and order.



The buzzword for this year is capital preservation. There are very few
places to hide. Trading on the stock market has become akin to a poker
game against quant funds. Only the agile trader can survive, let alone
prosper.

http://www.desichatter.com/forums/showthread.php?t=3145

= No input file specified.

Hellsangel wrote:http://www.desichatter.com/forums/showthread.php?t=3145

= No input file specified.

Ya well...the site is hosed.

Bernankeben to show his hand in 5 mins!

www.federalreserve.gov

Press Release












Release Date: September 21, 2011






For immediate release





Information received since the Federal Open Market Committee met
in August indicates that economic growth remains slow. Recent indicators
point to continuing weakness in overall labor market conditions, and
the unemployment rate remains elevated. Household spending has been
increasing at only a modest pace in recent months despite some recovery
in sales of motor vehicles as supply-chain disruptions eased. Investment
in nonresidential structures is still weak, and the housing sector
remains depressed. However, business investment in equipment and
software continues to expand. Inflation appears to have moderated since
earlier in the year as prices of energy and some commodities have
declined from their peaks. Longer-term inflation expectations have
remained stable.


Consistent with its statutory mandate, the Committee seeks to
foster maximum employment and price stability. The Committee continues
to expect some pickup in the pace of recovery over coming quarters but
anticipates that the unemployment rate will decline only gradually
toward levels that the Committee judges to be consistent with its dual
mandate. Moreover, there are significant downside risks to the economic
outlook, including strains in global financial markets. The Committee
also anticipates that inflation will settle, over coming quarters, at
levels at or below those consistent with the Committee's dual mandate as
the effects of past energy and other commodity price increases
dissipate further. However, the Committee will continue to pay close
attention to the evolution of inflation and inflation expectations.


To support a stronger economic recovery and to help ensure that
inflation, over time, is at levels consistent with the dual mandate, the
Committee decided today to extend the average maturity of its holdings
of securities. The Committee intends to purchase, by the end of June
2012, $400 billion of Treasury securities with remaining maturities of 6
years to 30 years and to sell an equal amount of Treasury securities
with remaining maturities of 3 years or less. This program should put
downward pressure on longer-term interest rates and help make broader
financial conditions more accommodative. The Committee will regularly
review the size and composition of its securities holdings and is
prepared to adjust those holdings as appropriate.


To help support conditions in mortgage markets, the Committee
will now reinvest principal payments from its holdings of agency debt
and agency mortgage-backed securities in agency mortgage-backed
securities. In addition, the Committee will maintain its existing policy
of rolling over maturing Treasury securities at auction.


The Committee also decided to keep the target range for the
federal funds rate at 0 to 1/4 percent and currently anticipates that
economic conditions--including low rates of resource utilization and a
subdued outlook for inflation over the medium run--are likely to warrant
exceptionally low levels for the federal funds rate at least through
mid-2013.


The Committee discussed the range of policy tools available to
promote a stronger economic recovery in a context of price stability. It
will continue to assess the economic outlook in light of incoming
information and is prepared to employ its tools as appropriate.


Voting for the FOMC monetary policy action were: Ben S. Bernanke,
Chairman; William C. Dudley, Vice Chairman; Elizabeth A. Duke; Charles
L. Evans; Sarah Bloom Raskin; Daniel K. Tarullo; and Janet L. Yellen.
Voting against the action were Richard W. Fisher, Narayana Kocherlakota,
and Charles I. Plosser, who did not support additional policy
accommodation at this time.

No surprises here...basically, shit might hit fan next week as S&P drifts into the triple digits!