The "NON" Federal Reserve Bank just announced!!

[Landrover]

Woohooo.............It is reducing stimulus by $10 billion per month starting in January!!!!
Now lets get ready for the market corrections. Hopefully there are ZERO safety nets that cannot function profitably without corporate welfare.........let the chips fall where they may. Folks in the WRONG industries please DO NOT complain as that is how the capitalistic system is supposed to work! Nutt-cutting time baby!!!

[Brooks]

yes market has been propped up!

[systemnt]

What do you consider the 'wrong' industries ?

[Playa]

Does this apply to Oil/Gas & Farming ??????

[Stan R]

Interest rates will rise just a little BIT.....

That will have and effect on every part of the market.

Going to be interesting.

[Coach W]

hmmm... It will be interesting.

[br549redneck]

I am not ashamed to admit I dont have a clue what your talking about.

[SB09]

I am not ashamed to admit I dont have a clue what your talking about.

I will second that sentiment and ask that anyone with the ability to explain it to people that don't know please do for us.

[Playa]

I am not ashamed to admit I dont have a clue what your talking about.

Basically the gov't is going to find a place to waste 10 billion per month somewhere else. These funds were used to artificially support the banking/mortgage industry, a derivative of that was that interest rates were low.

Loans will be harder to get and interest rates will go up. Business and individuals have had access to 'cheap' easy money and that's not going to be available anymore.

The market will react (negatively) as a result of this, how much will be the question.

that pretty much summarize it?

[BrandonA]

Real estate fixing to get cheap

[bowhuntertex]

So this could make selling my house even harder???.......ducking guberment

[systemnt]

Real estate fixing to get cheap

yes... but loans will be harder and more expensive to get.

[SB09]

Basically the gov't is going to find a place to waste 10 billion per month somewhere else. These funds were used to artificially support the banking/mortgage industry, a derivative of that was that interest rates were low.

Loans will be harder to get and interest rates will go up. Business and individuals have had access to 'cheap' easy money and that's not going to be available anymore.

The market will react (negatively) as a result of this, how much will be the question.

that pretty much summarize it?

I can understand that. Thanks for the clarity.

[BrandonA]

So this could make selling my house even harder???.......ducking guberment

Yes cost of borrowing money just went up.

[BrandonA]

yes... but loans will be harder and more expensive to get.

Cash will be king if your wanting real estate.