And So Does the Volatility!

It was even a commercial - the little kid on the bus smugly asks the business man, ” So what do you think the Fed is going to do with Interest Rates?”

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Free Webinar - Tune into the Live Coverage of the FOMC Interest Rate Announcement and Watch the Charts Live and Trade Along  - 17:30 GMT 13:30 EST - Register

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What’s the Fed Going To Do?

Gone are the days of the “Briefcase Indicator” where it was judged that if Fed Chairman Greenspan had a thick briefcase, it was likely a large interest rate increase or decrease.

Ben Bernanke scheduled to make his first interest rate change since taking the chairmanship, and the guessing game is on! Not only as to what action the FOMC will take - but what will the wording be accompanying the expected announcement and, will they lower by a .25 or .50%?

Adventures in Turbulence - Greenspan’s Concern is on Inflation

The former Federal Reserve Chairman is making the rounds on TV and granting interviews for his new book: ”The Age of Turbulence: Adventures in a  New World”. Although he seems to be focused on inflation - This blogger feels that a narrow focus on inflation is naive to the new dynamic of global markets and a United States that no longer has an industrial manufacturing base at it’s core.

Raising Interest Rates and Asking the Chinese to Float Currency

will only cause the cost of goods to go up! Gone are the days when we needed to cool off an overheated factory working overtime and creating too many widgets that would go unsold.

This is the problem you get when people from academia and political circles make decisions based on text books and past experiences.

Those Who Fail To Remember History …

Are Condemned to Repeat it - This old and wise adage needs to be revised as history does not repeat. Each cycle is unique in it’s own way. To put on blinders and just say let’s fight inflation and not worry about everything else  - Well that is a just a Bull headed way of thinking that may let the Bears have the day!

Free Webinar Coverage of Fed Announcement

Tune into the Live Coverage of the FOMC Interest Rate Announcement - and Watch the Charts Live and Trade Along  - 17:30 GMT 13:30 EST - Register Here

As Sr. Analyst, and Trader Jerry Furst - Founder of Investors Education Network (IEN),  is also a mentor and trading coach to select clients.