Fed Intervention News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It hasn't done that since 1984. since hitting highs last month, oil prices have fallen 20%. meaning it's 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 they're falling and also higher prices for food and chemicals. that leads to questions about the fed. we know the fed will likely raise rates next month and possibly three tim...

The emergency time, which was so appropriate, right after the financial crisis you got a six-we're bulljí7ñ run. we're 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 market's bidding and the markets rebelled on them or whatever. don't want to read to to much io this. you have been telling me allahnf this government intervention, fed intervention, has kept this >> neil, it is my contention they dis...

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. we're up almost 200% since then. and that's just for the dow. the nasdaq coming off a thousand. so people aren't in it. that doesn't help. then there's a disconnect. you're ages have again down. how can you feel wealthier. your rent has gone up. you don't own a home anymore. how can you feel wealthier. someone in your family doesn't have a job? for me what is heart breaking trying to get people to connect or -- the notion that a...

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 it's impossible to put it back in the bottle. >> heather: people losing faith, this wouldn't 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. that was the remedy to fix the downturn that the original intervention created. we have basically ...