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Tell Us You’re Not Surprised

“The Committee decided to maintain the target range for the federal funds rate at 3-1/2 to 3-3/4 percent, in support of the Federal Reserve’s dual mandate. The Committee reaffirmed its policy of maintaining ample reserves in the banking system.”

We are looking for the real dancing to begin in a half hour with Warsh’s first presser.

The momentary market drop is a minor Belief (delusion) wave about rates going lower falling apart,

Watch it here;  The Fed – Live Video

~ure

(“We have a task force for that..”)  Statement on Longer-Run Goals and Monetary Policy Strategy

Some syrup with those waffles?

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4 thoughts on “Tell Us You’re Not Surprised”

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  1. I’m not surprised at all Mr. Ure.

    https://youtu.be/0UhExp_Kh70?is=DSuOtzHTE4fGTSq6

    At 5:00 the DTCC, tokenizing $94quadrillion in settlement at 98% efficiency. That pencils out to ~ $940 XLM or if we consider that Stellar foundation burned half of the supply back in 2019…. $1880 XLM

    https://www.cryptopolitan.com/stellar-burns-half-of-xlm-supply/

    And then there is that web3.0, 4th turning word again: “digital twin”.

    Not advice get your own hallucination and seek out a liscensed professional lol.

    Reply

  3. “All Along The Watchtower”

    “There must be some kind of way out of here
    Said the joker to the thief
    “There’s too much confusion
    I can’t get no relief

    Businessmen, they drink my wine
    Plowmen dig my earth
    None will level on the line
    Nobody offered his word
    Hey!

    Reply

  4. Oh Baby – we gotz us a real Chairman at the Fed now, see dem Dots?…Hello Higher Rates.

    As if Housing/Single Family homes arent expensive enough already..WTF, Over ?

    Inflation be raging, most ill advised War in modern history COSTS have not even hit the Ledger yet, let alone Grocery store shelves. Nor have the Oil shocks..patience required at this point in game play I suppose.

    In all my 63 short years of Life – I do not recall a time on this green Earth when so much was so FUBAR on a global scale. And now Shitsinky in ukraine be slaughtering Belarussian Kids..that is NOT going to end well for anybody sakes.
    And now Starmer is giving that classhole Nuclear Material. Not a chance in hell Pooterz preempts the delivery…nahh.

    Vladd may be the biggest failure in this whole shooting match.

    5 Years on and he is still FAILING TO PROTECT his CITIZENS.

    Yerp, another WTF, Over?

    *It was while pondering the Global Shit Show the epstain empire is orchestrating, when my ole buddy and friend resent a message had I received a few years ago..

    “Did not the Mayan Prophecy tell you that I, Bolon-Yoke, the Shining One, has a score to settle with the 9 Lords of The Night ?” -BY

    The END is nigh peeps, “oblivio venit”

    Reply

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