Monday, April 25, 2011

4/25 1:15

The question is, should I just wait for the Wednesday FOMC announcement to increase shorts?  The buzz now is that the Fed will not withdraw anything from the monetary base (will roll over maturing securities into treasuries and thus very slowly keep increasing the base and thus, reserves).  This is a probability since Ben is so bent on fiat and stim.  So the odds are low that any negative wording will come out, other than they will no longer state that interest rates will remain extremely low indefinitely. I don't think they will mention anything about post-QE2, even in the Q&A with Ben afterward.  Is there any upside to this FOMC?

No comments:

Post a Comment