I never thought anyone would ever surpass Alan Greenspan in speaking in "gobbledy gook", but she takes the cake.  

I do have an interpreter, my financial adviser.

It's getting to be like my refrigerator. I haven't cleared it out in nearly two weeks now. When I open the door, I think I'd better throw out that yogurt. It has to've gone bad. But maybe it's better kept in the fridge than in the garbage until I'm ready to take out trash. So later I get a beer and think, Hmm, that lettuce is turning chartreuse. But I get my beer and close the door.  

And being a deficit/debt hawk, this is my biggest worry with Trump Inc.

She basically doubled down on that for Dec. and the Dow is flat with the S&P and NASDAQ up nicely.
I can't wait to deliver that Crow Sandwich you ordered.
The clock is ticking.

Unlike you dumbasses who won't change heading even when you find you are headed towards the iceberg. I can see the writing on the wall and have changed my opinion. That was the whole point of my post dumbass.

Your statement about 1,000 points off the Dow was very recent. When I have the time I'll find it.

The markets seem to be embracing Trump and even the bond markets are signaling an acceptance of a rate increase. Only a dumb ass like Mari would insist he was "right" despite the entire marketplace telling him he was wrong.  

Oh, well, I've done that too but perhaps with less arrogance. Never mind, I accept your total and complete capitulation.

I figure the entire board should here about how you just deleted your own post in a feeble attempt to destroy the evidence about not only making an incredibly stupid post, but calling out another poster for being "dense" when it was you who had it all wrong.

To grasp what she's talking about.  She's actually very intelligent and well informed.  That said, the Fed is very conservative.  Trickle down economics has never worked and nobody really expects Trumps version will work either.  Trickle down has lead to every economic disaster since the Great Depression, which is to say since Reagan tried it.   It will be a cash grab for the billionaire class for two years, then the Dems will take back congress.  It's always happened this way.  

The fed is not setting rates, as usual of late. The fed is simply being reactionary as usual and has no choice but to follow rates up. The only thing I agree about what Yellen said, but which I have a hard time believing is that they will be "gentle" about it.  

Reagan is considered one of our greatest presidents ever (I have produced the links on several occasions) and trickle down produced 20 million high paying jobs after the brutal Carter years.

But yes you should absolutely put your understanding of how the market works over
mine as I do with yours.  Making bets with internet strangers is just whole cloth.  You certainly must be smart enough to know that stock market performance is not the only thing the Fed considers in bank rate determinations, right?

Reaganomics was a complete disaster and is the one thing that tainted his presidency.  He is known as a great president because of his diplomatic successes.   And yes, a lot of jobs were created during Reagans presidency.  Not as many as Bill Clinton. Not as many as Barack Obama, but close.  Do you know why?

First off, I said "Markets" plural not "Market" singular, an educated and erudite gentleman such as yourself should realize that besides the many equities markets, there are also bond markets, commodity markets, currency markets, etc etc etc.  

He only looked good in contrast to Carter, who was pretty damn feckless.  But Reagan was the one who started the huge budget deficits, went senile during his second term and sat benignly while Poindexter and North ran a criminal arms smuggling ring out of the West Wing.
I do give him credit for his overtures toward Gorbachev, so he wasn't a total failure

Strike that. Lets use MY lifetime as you might pick FDR! LOL

Truman, Eisenhower, Obama for starters.  I'd include Bush, Sr., just because of how he handled the first Iraq war, but he was useless on the economy.  Clinton was very good but squandered his second term because he couldn't keep his bent dick in his pants.
Honestly, NONE of them deserves the term great.  To me, the only truly great Presidents were Washington, Jefferson, Lincoln and both Roosevelts.
Notice I didn't mention Kennedy.
But I gag at Reagan worship and the concept that he and Bush, Sr., brought down the USSR.  What a simplistic idea!  The USSR was brought down by the weight of a failed economic system, the policy of containment followed by every President since Truman and by Charlie Wilson getting Stingers to the Taliban.  Of course, that led to Al Quaeda, but never mind.

And to think i used to look up to you when I was little! ROFLMAO!!!!

But for arguments sake, over the next three fiscal quarters, say 270 days, the FOMC will meet to discuss target rates about 5 or 6 times.  It meets every 7-8 weeks or so usually.  Are you saying that on each of those occasions it will raise its target rate?  You may as well just send me the money now because that would be unheard of in today's economy.  

and at each meeting they can either raise, lower or leave rates alone. They can also raise/lower by 25 or 50 basis points, or more I suppose but even 50 points is a SERIOUS move.