Interest Rates

[errolanderson]

My personal view is there won't be any
interest rate hikes for a very long
time.

Any rate hike would be direct hit on the
stock market. Also, still see no
evidence of QE3. This is a very high
risk poker game for the US Fed.

PS: Stock markets called higher today
due to Fed stating interest rates won't
move. And the market still reacts to
these statements? Equity markets are
living off of central bank balance
sheets and it is getting very tired.
Feel there is some market nastiness
coming down the pipe fairly soon.

Errol

[sumdumguy]

Any idea what might be coming? european
meltdown or US?

[parsley]

Sum, since you mentioned EU vs US, take a
peek at the chart on smalldeadanimals.com. I-yi-
-yi-yi-yi Shall we find a quiet spot with a wine
cellar and pistols, in which we can remain
obscure and secure, from the youth-riots and
entitled-occupiers which are bound to come?
Pars.

[errolanderson]

Europe's problems are just beginning. Had
to laugh this morning when Bloomberg
pronounced that U.S. banks were now out of
the woods and nothing but great guns
ahead. China hard landing lies ahead that
may last 2 to 3 years IMO.

Pars, like your wine 'n cellar idea.
There's going to be more global riots
before this is all over.