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ahhhhhhhhhhh this is what happened at 2 pm, to drop the markets, LOL

By: capt_nemo in ROUND | Recommend this post (0)
Wed, 04 Apr 12 3:16 AM | 38 view(s)
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Algo prop crew made up most of the reality loses though. It never stops.

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FOMC Saw No Needs To Ease Unless Growth Slows
Submitted by Tyler Durden on 04/03/2012 - 14:03 Gross Domestic Product headlines Market Conditions Monetary Policy Recession Russell 2000 Unemployment

So much for the Hatzius and Hilsenrath prognostications. Headlines coming in:

FOMC SAW NO NEED TO EASE ANEW UNLESS GROWTH SLOWS, MINUTES SHOW
MOST FOMC PARTICIPANTS SAW `LITTLE EVIDENCE OF COST PRESSURES
FOMC PARTICIPANTS SAID LABOR MARKET CONDITIONS HAD IMPROVED
MOST FOMC PARTICIPANTS EXPECTED INFLATION RATE AT 2% OR LESS
MANY FOMC PARTICIPANTS SAW `EASED' STRAINS IN GLOBAL MARKETS
MOST ON FOMC SAW TEMPORARY IMPACT FROM RISING OIL, GAS PRICES
FOMC SAID SIGNIFICANT OUTLOOK CHANGE COULD ALTER 2014 RATE PLAN

Apparently $4 gas has an impact.

http://www.zerohedge.com/news/fomc-saw-no-needs-ease-unless-growth-slows




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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