Friday, February 4, 2011

The Fed Effect, Full Spectrum Dominance of Stock and Financial Markets

Dual mandates of Maximum Employment and Price Stability are noble headline goals of the Federal Reserve. Unfortunately, over a long period of time, the perceptibly infinite concentrations of power in concert with the short comings of human nature has inflated the Federal Reserve System into an all-powerful godlike entity to both fear, and worship. We suspect such potent combination is in large part responsible for the 60-year track record in the ruinous mismanagement of the federal funds rate. A measure that clearly would have been best reserved for the free-market to manage.

Fed Fund Rate

Fed Effect
US Dollar

US Long Bond
No matter what unfolds, rest assured that civilization shall continue to thrive.
Remain prudent, prepare for the worst, expect the best, and recognize that you are indeed the master of your own destiny.

Until next time,

Trade Better/Invest Smarter
By Joseph Russo
Chief Publisher and Technical Analyst
Elliott Wave Technology
Email Author

No comments:

Post a Comment

Kalender Ekonomi & Event

Live Economic Calendar Powered by Forexpros - The Leading Financial Portal