Fed Intervention News Today

It hasnt done that since 1984. since hitting highs last month, oil prices have fallen 20%. meaning its now in bear territory. the u.s. is pumping more oil these days, but it does raise concerns that the global economy is struggling and demand for crude is falling. that is a negative. we also learned today that wholesale prices in the u.s. jumped by the most in six years last month led by higher prices with gas although theyre falling and also higher prices for food and chemicals. that leads to q...

The emergency time, which was so appropriate, right after the financial crisis you got a six-were bulljí7ñ run. were not in an emergency area. these traders are running around and they kind of booed when they heard that the markets were going to do what they were going to do in the wake of in interest rate heightening. >> gary, i wonder if they were doing the markets bidding and the markets rebelled on them or whatever. dont want to read to to much io this. you have been telling me allahnf thi...

Armageddon. even people who called the crash say this is just the firsting leg down. so hundreds of billions of dollars coming out of the market at the very, very low. were up almost 200% since then. and thats just for the dow. the nasdaq coming off a thousand. so people arent in it. that doesnt help. then theres a disconnect. youre ages have again down. how can you feel wealthier. your rent has gone up. you dont own a home anymore. how can you feel wealthier. someone in your family doesnt have ...

In junk status because unsound foundation. that is the risk we face to our own debt that eventually people lose faith in the debt of this country. that we will be able to keep inflation in tow. it gets out of hand its impossible to put it back in the bottle. >> heather: people losing faith, this wouldnt work, ben bernanke and the federal open market committee, near completion of a $600 billion bond buying program. that is meant to spur the economy so do you think that will work? >> that was it. ...