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EIEIO
Lv 5
EIEIO asked in Politics & GovernmentPolitics · 7 years ago

What do all you market mavens think the release of the FOMC minutes will do to the market today?

Update:

Crickets. I should have said this will affect your welfare check.

3 Answers

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  • Anonymous
    7 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!

  • Anonymous
    7 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

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