Fed Says "Markets Are Wrong," Rates Are Going Higher, Sooner

[dancingshoes]

it's boston fed, the "chiong" one, not the original main FED.


Gold and bond prices dropped and stocks popped as yet another open-mouth operation went underway this evening from none other than Boston Fed president Eric Rosengren. Ahead of next week's FOMC meeting, and just days after another Fed president said no April hike, Rosengren spewed firth that "I don't think financial markets have it right." Of course, what this preacher means is that while stock markets are perfectly efficient (and correct), bonds and rate futures areclearly inefficient and "investor outlooks for Fed rate hikes are too pessimistic," because "the US economy is fundamentally sound."

http://www.zerohedge.com/news/2016-...rkets-are-wrong-rates-are-going-higher-sooner

 

[enterprise2]

it's boston fed, the "chiong" one, not the original main FED.


Gold and bond prices dropped and stocks popped as yet another open-mouth operation went underway this evening from none other than Boston Fed president Eric Rosengren. Ahead of next week's FOMC meeting, and just days after another Fed president said no April hike, Rosengren spewed firth that "I don't think financial markets have it right." Of course, what this preacher means is that while stock markets are perfectly efficient (and correct), bonds and rate futures areclearly inefficient and "investor outlooks for Fed rate hikes are too pessimistic," because "the US economy is fundamentally sound."

http://www.zerohedge.com/news/2016-...rkets-are-wrong-rates-are-going-higher-sooner

The markets r wrong! It's worse than they think!

 

[virus]

The markets r wrong! It's worse than they think!

yes... listen to the BS from goldman sex, they will soon join the elite club of lehman brothers and baring bank.

 

[enterprise2]

Deps on whether u r optimists or pessimists! U see the Feds move in very different ways!

 

[virus]

Goldman Sachs Is Having a Really Bad Year
by Reuters
April 19, 2016, 8:00 AM EDT

Profits have dropped over the last four quarters.

Goldman Sachs Group gs profit slumped for the fourth straight quarter as market volatility hit the company’s bond trading and investment banking businesses.

Goldman—the last of the big U.S. banks to release first-quarter results—reported a 56.3% fall in net income applicable to common shareholders to $1.2 billion, or $2.68 per share, for the three months ended March 31.

That compared to $2.75 billion, or $5.94 per share, a year earlier, when the Wall Street bank recorded its best quarterly profit in five years.

Analysts on average had expected earnings of $2.45 per share, according to Thomson Reuters I/B/E/S. It was not immediately clear if the figures reported on Tuesday were comparable.

As with other banks, Goldman’s trading revenue was hit by sliding commodity and oil prices, worries about the Chinese economy, and uncertainty about U.S. interest rates.

Revenue from trading bonds, currencies and commodities (FICC) fell about 47% to $1.66 billion, accounting for 26.2% of total revenue in the quarter—a far cry from the 40% the business regularly contributed before the financial crisis.

Goldman’s traditional rival, Morgan Stanley ms , reported on Monday a 54% drop in adjusted revenue from fixed income and commodities trading and a similar drop in net profit.

http://fortune.com/2016/04/19/goldman-sachs-earnings/?iid=leftrail

standby for QE4

 

[Poseidon]

yes... listen to the BS from goldman sex, they will soon join the elite club of lehman brothers and baring bank.

Nick is my idol for Nikkei 225 hor!

 

[Porpoison]

When it comes to investing in the stock market, we’re told to follow the smart money. Who might that be? The most influential investors/businessmen in America today are Warren Buffett, John Paulson, and George Soros. Their investing acumen has helped them amass billions of dollars and millions of followers.Not only these they have a great knowledge about the market and its ups and downs.The outlook for the stock market looks bleak. Buffet, Paul son, and Soros understand this. And the reality of the U.S. economy has led them to see there is a real good chance the U.S. markets could experience a crash or serious correction in 2016.

When asked about the stock market forecast they were a bit deceptive about their thoughts and were doubtful about there answers!!!

whats your thoughts on this???