Don.t u think the numbers are pretty ok despite the severe storms ? ......

Or the storms can actually derail US economy to a recession aka slow economy ?

Good to have a big gap down 200pts ..and followed with a better closing.......

Good or bad news ?

http://www.bloomberg.com/news/2014-10-16/y...nomic-data.html

“History has not looked kindly on attempts to prematurely remove monetary accommodation from economies that are in or near a liquidity trap,” Chicago Fed President Charles Evans said this week. “Unless the economy is fundamentally strong and the previous impediments to growth have receded sufficiently, the odds remain high that some unforeseen shock could cause the monetary authority to retreat right back.”

http://www.cnbc.com/id/102086461


QE4? Nah. Here’s what I think the Fed will do

This post has been edited by SKY 1809: Oct 16 2014, 10:58 PM

Short sellers really give due respect to Fed......