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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

09/17/15 at 3:47 PM CDT

 

 

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Jester says: The Fed hike that will never come

A couple of paragraphs from a Market Watch article, which if read and interpreted literally would suggest Jester will be right! LOL  probably the interpretation of the artcle author on what the Fed did today.

 

"Fed officials can’t say what they will do next until they see how economic and financial events unfold. 

The unemployment rate and the inflation rate are no longer the triggers for Fed action. Instead, it’s the Shanghai market, the price of oil, the value of the dollar, and the stability of dozens of economies that will tell the Fed when it’s safe to raise rates."

 

Full article:

 

blogs.marketwatch.com/ca...nce-2/

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