Posts Tagged ‘slowdown’

Notes From Underground: A Genuine Disgust With the Analysis of the FOMC MINUTES

August 22, 2012

OKAY, so the FOMC minutes were released and all the pundits who never trade were kibbitzing about the THIRD coming of QE. Upon several reviews of the MINUTES, I AM OF A FAR DIFFERENT OPINION. AND, UNLIKE THE PUNDITS OF THE GREAT WASTELAND, MY MONEY TALKS WHILE THEIR BULLSHIT WALKS. Yes, it is indeed frustrating to hear opinions morph into facts. As I reread the FOMC MINUTES I fail to see the certainty of a FED ACTION AT THE NEXT FOMC MEETING AND I OPINE THAT BERNANKE WILL NOT OFFER ANY GREAT INSIGHTS AT THE JACKSON HOLE SYMPOSIUM. AGAIN, ANY FED ACTION WOULD BE A REWARD TO THE CONGRESSIONAL DERELICTS WHO CONTINUALLY FAIL TO DO THEIR DUTY AND CONSTRUCT A RATIONAL FISCAL POLICY.

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