Fed Week: Ed’s Daily Notes for October 28th   Leave a comment


Forget earnings. There is only one important event this week: The Federal Reserve’s Open Market Committee meets on Tuesday, and then releases their announcement on Wednesday. Status quo is the expectation. Any hints at tapering will be met with a very unhappy market.

In other news, with friends like the U.S., who needs enemies?

The Telegraph: US ‘operates 80 listening posts worldwide, 19 in Europe, and snooped on Merkel mobile 2002-2013’

Ok, so Bush started the surveillance. You would expect Obama would do something different, right?

The Telegraph: Barack Obama ‘approved tapping Angela Merkel’s phone 3 years ago’

Maybe not…

Seriously, this is a level of megalomania, by both American political parties, that hasn’t been seen since Richard Nixon. And I waste my vote when I vote for third parties? Enjoy your police state folks…


Posted October 28, 2013 by edmcgon in Federal Reserve, News, Politics

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