Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
What do all you market mavens think the release of the FOMC minutes will do to the market today?
Crickets. I should have said this will affect your welfare check.
3 Answers
- Anonymous7 years ago
The FOMC's JOB is to avoid any significant impact on the "normal growth rate" of the broader Market, so to answer your question, "no impact discernable by investors"...
I hear a great many (apparently undereducated) conservatives moaning about the Fed "printing money" apparently oblivious to the reality that their JOB is to regularly inject new US dollars into the World Market to maintain "parity", or "roughly the same number of US dollars in circulation per human"...
Until global population control is somehow instituted, the only option would be DEFLATION, which would result in your income going DOWN every week while the price of everything you buy continuing to rise at the same rate...
Be careful what you ask for!
- Anonymous7 years ago
Most markets are up around 1% today. So I will go with send them upwards..
- 7 years ago
your questions are rubbish,and your answers are the bin where the rubbish belongs,an opinion is not an answer,stop misleading people,we try to help one another,your not helping