Wednesday, June 29, 2016

Marc Faber Expects QE4, We Don't

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*Jerome Powell spoke last night. Listening to him would debunk QE4 Rumors.
*He gave math to say we are at their 2% inflation mandate.
*They are already at full employment.
*"Markets functioning in an orderly manner."
*Rate cut or QE based on false hopes.
(Picture: Keep your eyes on the road. Inflation's right in front of you.)
CNBC reported today that Marc Faber expects QE4. Listening to what Fed Governor Jerome Powell had to say last night, we don't.
Marc Faber said to CNBC, "Brexit will give a perfect excuse to the Federal Reserve not to increase interest rates and be most likely to launch QE4."
Jerome Powell, last night however said several things that made us think otherwise.
Two things tell us that there will be no rate cut or QE4.
1) Markets (NYSEARCA:SPY) are not crashing
2) Fed already reached their dual mandate

Chaim Siegel has been working with hedge funds and mutual funds as an analyst and PM his entire career. Chaim specializes in earnings and predicts, analyzes and reacts to earnings and earnings events as well as developing current company stories with a hedge fund perspective. If you want his analysis real time sign up to the right for real time email alerts. #in, $spy, $qqq, $iwm, $vxx, $ycs, $fxe, $EUO, $YCS, ^GSPC, INDEXSP:.INX, #elazaradvisorsllc, CME Globex: ES Disclosure: These trades can lose you money and principle especially when using leverage BY USING THIS SITE YOU AGREE TO TAKE ALL RESPONSIBILITY FOR YOUR OUTCOMES AND LOSSES AND HOLD BESTIDEAS, ITS CONTRIBUTORS AND ELAZAR ADVISORS, LLC HARMLESS

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