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I wasn't expecting any rate rise until after the election and new president gives the nod.

(13-09-2016, 06:46 PM)soros Wrote: [ -> ]I wasn't expecting any rate rise until after the election and new president gives the nod.

FYI, fed operates independently. Any rate rise, will go without nod from US president. 

(13-09-2016, 07:48 PM)CityFarmer Wrote: [ -> ]

(13-09-2016, 06:46 PM)soros Wrote: [ -> ]I wasn't expecting any rate rise until after the election and new president gives the nod.

FYI, fed operates independently. Any rate rise, will go without nod from US president. 

Well, Yellen is a democrat so I vote rate rise after Election earliest.

(13-09-2016, 07:48 PM)CityFarmer Wrote: [ -> ]

(13-09-2016, 06:46 PM)soros Wrote: [ -> ]I wasn't expecting any rate rise until after the election and new president gives the nod.

FYI, fed operates independently. Any rate rise, will go without nod from US president. 

i suppose forumer soros is either a Trump supporter or believed what he just said, or both..

http://www.cnbc.com/2016/09/12/trump-say...hamed.html

safer to remain status quote..

until new PRESIDENT of cos!

After George Bush senior blamed his election loss to rate rise, I doubt any Fed Chair wants to take the rap for 2months difference, unless it's very urgent. So I would go for a December rate hike as well but either way it shouldn't be a surprise hike. But markets been reactive recently and behaving like its new news. Quite complacent after long periods of negative rates I guess.

The fed is just testing the market with hints and see how market react. This has always been their style. If the stock market did not react they will adjust the rate up. So past 3 days the stock market real shaky. They need another fed to come up to calm it down and then later after if market shoot up, bang ! rate up else they will maintain. I fully agreed 2 months are not worth to up rate unless their see stock market go to 19k or even 20k range. Democrats won't allow.

Looks like December hike is on track, unless a Trump win derails it

My guess is market gonna be abnormally quiet in October waiting for an abnormal US election

Everyone for themselves if Trump wins. A year ago I never even thought this is a plausible black swan event