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  • Fed charts faster course away from unprecedented stimulus

    From thehill.com

    The Federal Reserve is pivoting hard from a patient approach to pulling back support for the U.S. economy. Fed officials on Wednesday charted a much faster return from the unprecedented stimulus they deployed at the onset of the coronavirus pandemic than they’d initially planned. The bank’s policymaking committee announced it would aim to end its monthly purchases of Treasury and mortgage bonds by March, and expects to hike interest rates roughly three times by the end of 2022. The Fed has held off on reducing stimulus even as inflation rose for much of this year. Millions of workers remained on the sidelines for ... (full story)

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  • Post #1
  • Quote
  • Dec 19, 2021 5:46am Dec 19, 2021 5:46am
  •  hesrondopa
  • Joined Jul 2012 | Status: Member | 138 Comments
USD uses illicit money for political ambitions by manipulating prices in the market
 
1
  • Post #2
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  • Dec 19, 2021 5:48am Dec 19, 2021 5:48am
  •  hesrondopa
  • Joined Jul 2012 | Status: Member | 138 Comments
“The reality is we don't have a strong labor force participation recovery yet, and we may not have it for some time,” Fed Chair Jerome Powell said at a Wednesday press conference following the December meeting of the Federal Open Market Committee (FOMC), which sets monetary policy.
 
 
  • Post #3
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  • Dec 19, 2021 6:14am Dec 19, 2021 6:14am
  •  hesrondopa
  • Joined Jul 2012 | Status: Member | 138 Comments
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  • Post #4
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  • Dec 19, 2021 6:58am Dec 19, 2021 6:58am
  •  Nordling
  • Joined Apr 2021 | Status: Mamba Mentality. | 323 Comments
USD is getting stronger and stronger since they started tapering. Now with the 2x increase in the speed of tapering, USD will get even stronger.

These are the facts, the rest is bla bla bla.

As traders our job is to take advantage of every opportunity, not criticising the opportunity. We take what the markets give.

If you have a problem with that, go get a 9-5 job like normal people rather than trading. Because this business requires objectivity, realism and strong nerves. Our normal is what other people calls "crisis"
 
1
  • Post #5
  • Quote
  • Dec 19, 2021 6:58am Dec 19, 2021 6:58am
  •  hesrondopa
  • Joined Jul 2012 | Status: Member | 138 Comments
May Be Some One in the Fed is senile
 
 
  • Post #6
  • Quote
  • Dec 19, 2021 6:59am Dec 19, 2021 6:59am
  •  hesrondopa
  • Joined Jul 2012 | Status: Member | 138 Comments
Quoting Nordling00
Disliked
USD is getting stronger and stronger since they started tapering. Now with the 2x increase in the speed of tapering, USD will get even stronger. These are the facts, the rest is bla bla bla. As traders our job is to take advantage of every opportunity, not criticising the opportunity. We take what the markets give. If you have a problem with that, go get a 9-5 job like normal people rather than trading. Because this business requires objectivity, realism and strong nerves. Our normal is what other people calls "crisis"
Ignored
The market must also have ethics ... or not then the same as animals
 
 
  • Post #7
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  • Dec 19, 2021 7:01am Dec 19, 2021 7:01am
  •  hesrondopa
  • Joined Jul 2012 | Status: Member | 138 Comments
Inserted Video
 
 
  • Post #8
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  • Dec 19, 2021 7:03am Dec 19, 2021 7:03am
  •  hesrondopa
  • Joined Jul 2012 | Status: Member | 138 Comments
Use the money to buy toilet paper .... maybe you have trouble buying a toilet paper during this crisis
 
 
  • Post #9
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  • Edited at 8:37am Dec 19, 2021 8:01am | Edited at 8:37am
  •  Nordling
  • Joined Apr 2021 | Status: Mamba Mentality. | 323 Comments
Quoting hesrondopa
Disliked
{quote} The market must also have ethics ... or not then the same as animals
Ignored
Market is not human. Markets have no ethics and it doesn't have to. Ethics don't make money.
 
2
  • Post #10
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  • Dec 19, 2021 8:07am Dec 19, 2021 8:07am
  •  hesrondopa
  • Joined Jul 2012 | Status: Member | 138 Comments
Do not also be trivial with ECB, ECB can also be able to do as you do
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  • Post #11
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  • Dec 19, 2021 8:41am Dec 19, 2021 8:41am
  •  RossEdwards
  • Joined Jun 2019 | Status: Member | 2,950 Comments
Quoting Nordling00
Disliked
{quote} Market is not human. Markets have no ethics and it doesn't have to. Ethics don't make money.
Ignored
Which is why if society is to have any meaning, its to make ethics a condition of making money.
 
3
  • Post #12
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  • Dec 19, 2021 10:48am Dec 19, 2021 10:48am
  •  traderathome
  • Joined Mar 2008 | Status: PVSRA with Traderathome | 1,347 Comments
There is something else here that is potentially bothersome. Democracy or not, the stage is set to relegate the bulk of society to slavery, while the wealth of those at the top continues to grow exponentially.

The TARP program, pushed by ex-CEO of Goldman Sachs onto Congress, effectively saved the Robber Banks.... whose marketed mortgage derivatives collapsed the world's economy....from all financial harm. It passed the total bill onto the "general population" and their future offspring! In the following years, these hard working non-elite, now burdened with the debt created by the Robber Banks, lost jobs, health insurance, homes, marriages, etc. The Robber Banks took possession of vast amounts of real estate in default and were not even held responsible for upkeep. The blight in cities spread. Some cities went bankrupt. Republican Mitt Romney applauded the profits he was making as a result of being a raider of corporations, shutting them down, moving production to China......never mind that USA cities were wounded, even collapsed.

It can easily get worse now! USA corporations are on track to eliminate MOM & POP competition. Privately owned businesses are folding. Citizens will have to crawl to and beg for work at these corporations, as they systematically eliminate any other choices. The hard working general population gets SHIT for wages, while the wealth of those at the top becomes OBSCENE! What does the "government" do? It does what the big money corporations that support the government want (read this as "We control who gets elected, so do what we want!). More are losing homes! More private businesses are closing! More personal freedoms are gone! The government can dig into your private life thru your phone! It can keep your car from starting! It can freeze all your bank accounts!

Slavery is just around the corner. The stage is set. New Trillions have already been printed and passed onto the "entitled wealthy". Not a dime was used to establish a more equitable work/pmt for work system! Not a dime was used to prevent the collapse of private businesses! And the bill for the trillions passed to the already wealthy is levied.......once again, just like TARP......onto future generations. The wealthy will easily handle it, since much of their wealth get put where it is tax free. Most of their "incoming" money is less taxed because they set it up as "loans", not real, taxable income! They even get tax deductions from the interest on their "loans"! Nope, just like with TARP, the wealth get off becoming richer. The rest slide deeper towards outright slavery!

What is there left that can STOP this? Only ETHICS, INTEGRITY, EQUITY and LOVE FOR EACH OTHER! Corporations are becoming EVIL, tossing aside all that is good in the soul of MAN in their quest for riches and control of the world.
 
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  • Posted: Dec 19, 2021 5:30am
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     Newsstand
    Category: Fundamental Analysis
    Comments: 12  /  Views: 1,164
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