swag
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Mon Dec-11-06 04:05 PM
Original message |
Once again, it's predict the Fed's rate decision. |
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Tuesday, Dec. 12, 2006 at 11:15 AM Pacific Time, the Federal Open Market Committee will announce its latest rate decision.
My bet is that the FOMC will once again hold its short-term rates at 5.25% and that its statement will be close to a repeat of the last statement, reiterating concerns over inflation risks.
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jpgray
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Mon Dec-11-06 04:07 PM
Response to Original message |
1. You know they just consult the severed oracular head of Ayn Rand |
swag
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Mon Dec-11-06 04:16 PM
Response to Reply #1 |
3. Would you prefer they embraced the scruffed corpse of Mark Twain? |
jpgray
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Tue Dec-12-06 08:46 AM
Response to Reply #3 |
10. Bwyoo bwee bwyoo bywee bywoooooooo |
swag
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Tue Dec-12-06 09:10 AM
Response to Reply #10 |
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I know that's not the Numa Numa Dance.
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jpgray
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Tue Dec-12-06 09:13 AM
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12. Just don't tell that "death by numa numa" joke |
Nickster
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Mon Dec-11-06 04:07 PM
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2. I concur. The Fed is trying to delay and hoping that everything will just go away. |
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Just wait til next year when they have to cut rates.
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LSK
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Mon Dec-11-06 04:17 PM
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4. they will not change it this time |
HereSince1628
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Mon Dec-11-06 04:39 PM
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5. I think we mostly agree, but where is manufacturing in Q1 and Q2? |
swag
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Mon Dec-11-06 04:44 PM
Response to Reply #5 |
6. What's your favorite gauge? |
HereSince1628
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Mon Dec-11-06 04:49 PM
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swag
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Mon Dec-11-06 04:58 PM
Response to Reply #7 |
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I think the ISM national manufacturing index will bounce around (both below and above) the 50 mark (the dividing line between "expansion" and "contraction" according to that survey) for the first couple of quarters as the effects of a slowing domestic economy are tempered by rising exports helped along by the weak dollar.
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HereSince1628
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Mon Dec-11-06 05:10 PM
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9. I'm somewhat more bearish I was thinking exports wouldn't help |
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until later in the year. But basically I agree with the notion of going sideways into the next year.
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bicentennial_baby
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Tue Dec-12-06 09:17 AM
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swag
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Wed Dec-13-06 01:31 AM
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Mon May 13th 2024, 10:39 PM
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