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| Economy |
| Fed Reserve Gives Banks New Dire Scenarios for 2014 Stress Tests |
| 2013-11-04 |
| I wonder if this is the Federal Reserve reacting to alarm bells. |
| Posted by:Pappy |
| #5 Without federal funny money stocks are twice as affordable and land costs 50% less to own. It would also reveal that taxation of incomes is causing a vast amount of unemployment. |
| Posted by: Bright Pebbles 2013-11-04 15:00 |
| #4 Morgan Stanley CEO James Gorman, 55, said yesterday he doesnÂ’t see evidence of market bubbles developing and that investors should celebrate when the Fed begins to taper its support program because it will signal the economy is healthy. We've been waiting for that for five years now, Jimbo, ya got any idea when that might happen? |
| Posted by: Bobby 2013-11-04 10:26 |
#3 Maybe the Fed is realizing how much trouble it is in, and it is doing the old Brenda Lee song so as not to appear as a bunch of total fools:And break it... to me gently |
| Posted by: Alaska Paul 2013-11-04 00:53 |
| #2 Making sure (Or trying to) Republicans get the blame. |
| Posted by: Redneck Jim 2013-11-04 00:44 |
| #1 In the Fed’s “severely adverse” scenario, the jobless rate peaks at 11.25 percent, stocks fall almost 50 percent and U.S. housing prices slide 25 percent, while the euro area sinks into recession. Developing economies in Asia also experience a “sharp slowdown,” the Fed said. Encouraging to see at least someone planning for the eventual fall of Obamacare, or more appropriately, the economy tasked with supporting it. |
| Posted by: Besoeker 2013-11-04 00:32 |