The News UNIT

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Wednesday, December 18, 2013

Wall Street hangs in the hands of The Federal Reserve

The great day of the FOMC announcement

The Federal Reserve Bank

Seems like The Wall Street Casino is going to react one way or another to the FED announcement today. It's getting to the point where prior to any FOMC announcement just get into CASH and wait for the announcement. Then get back in the market either SHORT or LONG as appropriate.

We should know by now that the amount of DEBT doesn't matter anymore. Everything can be manipulated at their discretion no matter what the numbers are with jobs reports, CPI, interest rates, debt ceiling, or any other factor. It just makes no difference:
http://www.cnbc.com/id/101280121

WATCH THE CHART (If you can't see this chart there's something wrong with your browser):

Marc Faber has this to say about QE:

...developing...