Wednesday, October 29, 2008

Fed rate cut a DUD! Fed rescues go WILD!

Fed rate cut a DUD! Fed rescues go WILD! by Martin D. Weiss, Ph.D.

While all eyes were focused today on the Fed's rate cut, the big news was the Fed's latest cockamamie effort to save world.
Indeed, just when you thought the insanity couldn't get crazier, the Fed announced it's now going to funnel a massive $120 billion of U.S. funds into Brazil, South Korea, Singapore, and Mexico.
And that's on top of the IMF bailouts already committed to the Ukraine ($16.5 billion), Iceland ($2.1 billion), and Hungary ($25.5 billion)!
In response, some folks are cheering with glee, blindly believing that Mr. Bernanke can play Santa Claus, the Pied Piper and the Fairy Godmother all in one act.
But anyone with any experience with the real world is quickly coming to the realization that Mr. Bernanke is
Desperate — resorting to the most radical measures of all time.
Playing his last cards — realizing that if these last-ditch rescues don't work, it's game over.
Taking huge risks — that his rescue-the-whole-world schemes will backfire in the form of falling confidence in the U.S. government as a whole!
Meanwhile, the much ballyhooed Fed rate cut was a dud!
After all the hope and prayer implied in yesterday's stock-market surge, today, the market literally saw a ghost: Just in the final 12 minutes of trading — from today's post-rate-cut high to the closing bell — the Dow nosedived by an alarming 372 points!
Not exactly a polite "thank you" note to Mr. Bernanke for his half-point rate cut!
Bottom line: Some investors can be fooled some of the time. But the investors that move the market are painfully aware of one simple fact:
Mr. Bernanke cannot drop interest rates below zero!
He cannot force banks to lend money!
He can't compel consumers to borrow, or make people spend.
Nor can he turn back the clock to undo decades of financial sins ... or repeal the law of gravity and stop investors from selling.
Indeed, all of this week's wild events merely underscore the wisdom of Mike Larson's strategy:
To watch the bulls drive up the price of stocks until he can see the white's of their eyes ... and then to fire with all guns with his recommendations that help you profit massively when stocks plunge. All strictly with inverse ETFs!
Good luck and God bless!
Martin
P.S. For a quick heads up on what kind of investment Mike intends to recommend and when, click here.
About Money and Markets
For more information and archived issues, visit http://www.moneyandmarkets.com
Money and Markets (MaM) is published by Weiss Research, Inc. and written by Martin D. Weiss along with Tony Sagami, Nilus Mattive, Sean Brodrick, Larry Edelson, Michael Larson and Jack Crooks. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in MaM, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in MaM are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amber Dakar, Dinesh Kalera, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau and Leslie Underwood.
Attention editors and publishers! Money and Markets issues can be republished. Republished issues MUST include attribution of the author(s) and the following short paragraph:
This investment news is brought to you by Money and Markets. Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Dr. Weiss is a leader in the fields of investing, interest rates, financial safety and economic forecasting. To view archives or subscribe, visit http://www.moneyandmarkets.com.





notary public fremont ca
notary public fremont ca. ... Rob Schmidt's Fremont Notary Service. and Notary Directory. View Notary Rotary Profile 408-810-5626 View Notary Rotary Profile ...fremont-notary.com/notary_public_fremont_ca.htmthis
notary public fremont
Rob Schmidt's Fremont Notary Service. and Notary Directory ... A notary public is a reputable witness, commissioned by California’s Secretary of State, ...fremont-notary.com/notary_public_fremont.htm
notary services in fremont
Fremont, CA Notaries Public Services. Find Notaries Public Services in Fremont, CA. Rob Schmidt's Fremont Notary Service Home.fremont-notary.com/notary_services_in_fremont.htm
notary in newark
A notary public is a reputable witness, commissioned by California’s Secretary of State, who may legally certify .... Rob Schmidt's Fremont Notary Service Home .fremont-notary.com/notary_in_newark.htm -
Notaries in Fremont
Notaries in Fremont. ... A notary public is a reputable witness, commissioned by California’s Secretary of State .... Rob Schmidt's Fremont Notary Service Home.fremont-notary.com/notaries_in_fremont.htm

No comments: