tag:blogger.com,1999:blog-3621163082932888130.post3319293543711892388..comments2023-10-30T08:17:13.498-04:00Comments on The Firecracker Report: Additional Thoughts on "Is a Stock Market Correction and Dollar Rally on the Horizon?"The Firecracker Reporthttp://www.blogger.com/profile/07694696775084707280noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3621163082932888130.post-15480488683952428512009-10-29T03:09:01.564-04:002009-10-29T03:09:01.564-04:00We agree with all the great points you make. Doubt...We agree with all the great points you make. Doubt if Bernanke is going to raise rates anytime soon, his strategy is all talk and no action.The Firecracker Reporthttps://www.blogger.com/profile/07694696775084707280noreply@blogger.comtag:blogger.com,1999:blog-3621163082932888130.post-26702818001839403942009-10-28T23:00:58.382-04:002009-10-28T23:00:58.382-04:00You're right that the shenanigans are over for...You're right that the shenanigans are over for now. I think looking foward to next week the language in the FOMC release is going to be critical verifying which direction will be taken. Should the language be more hawkish I would be surprised but I think looking for subtle clues, early warning indicators in the verbage of the release. Discussion of exit strategy has been floated for quite some time and words indicative of actions in a more formal release (hashed out with all the gov's) would be the next step.<br /><br />Arguably there is a lot of slack in the system, but I think historically the FRB has raised FF rates after unemployment stopped rising. If green shoots are to be believed then we should hear some language regarding the bottoming process (inherent weakness etc.).<br /><br />-JOHNAnonymousnoreply@blogger.com