http://www.bloomberg.com/apps/news?pid=20601087&sid=a7pq96oKRoh0&pos=1 Fed Retains Its Pledge to Keep Rates Low for ‘Extended Period’
That fed announcement produced very interesting reactions in the stock market…
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my savings are getting crushed here. I need my CDs to return 4-5% which it used to 2 years ago. C’mon fed stop distributing money for free.
highly deflationary…
pupdawg82 Wrote: ------------------------------------------------------- > my savings are getting crushed here. I need my > CDs to return 4-5% which it used to 2 years ago. > C’mon fed stop distributing money for free. …we need more unemployment NOW! (just finishing the sentence for you…)
^ Good work.
MattLikesAnalysis Wrote: ------------------------------------------------------- > highly deflationary… Yep. ST rates are better than they appear on the surface.