Thursday, June 6, 2013

Why is the Dow jumping up and diving down?


Here's exactly what I was talking about on a recent broadcast when I pointed out how the Dow and the Federal Reserve's money-printing activities were directly linked. As soon as the Federal Reserve even "hints" that it might start tapering it's bond buying program, the Dow will fall and the market will become a very risky place.  

If the Market loses control and we have a major "correction", things could get very difficult for a lot of Americans.  Get prepared for the future by building a network! ...Dennis


NEW YORK (CNNMoney)

Persistent worries about the slowing economy and when the Federal Reserve will start tapering its bond buying program had investors on edge again Wednesday.


Fed uncertainty dominates: The biggest question mark facing investors is how much longer will the Fed continue to boost the economy.

Comments from various Fed officials over the past few weeks have whipsawed markets as investors try to gauge the central bank's next move.


UPDATE FRIDAY June 7th...

Stocks jump 150 points on the news this morning that Unemployment rose...and that the Federal Reserve will CONTINUE to print $85 billion a month.  Yahoo!...happy days for bankers and hedge fund managers.  

Keep your eyes on the Federal Reserve...


Here's another article confirming this connection:

U.S. Jobs Report Supports Continued Monetary Easing

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