Didnt read the email my economics teacher sent me, read the one my stock broker sent me. Apparently both were about the FED buying $600 in treasury bonds and the market soaring, so I aced the quiz anyway. TFM.
Listen Broconomics – everyone knew the GOP was gonna take back what it rightfully deserved before the fucking election took place, that was already priced into the market. Now whether or not the Quantitative Easing (2nd round of it) was already priced in due to Bernanke’s speech at the Kansas City Fed’s annual symposium in Jackson Hole, Wyoming is up for debate, but I would argue that that is why we saw a jump in the market. Who’s the GDI now?
It’s $600 billion you fucking GDI, and it’s Fed, not FED, not an acronym. Go back to Intro to Economics.
14 years ago at 5:21 pmNot to mention that the stocks rose based on election results and those PHD GDIs at the Fed had nothing to do with it.
14 years ago at 5:32 pmguys, he’s from New York…
14 years ago at 7:56 pmNYC Fratdaddys should know this shit. Southerners could never be on wallstreet
14 years ago at 9:38 amListen Broconomics – everyone knew the GOP was gonna take back what it rightfully deserved before the fucking election took place, that was already priced into the market. Now whether or not the Quantitative Easing (2nd round of it) was already priced in due to Bernanke’s speech at the Kansas City Fed’s annual symposium in Jackson Hole, Wyoming is up for debate, but I would argue that that is why we saw a jump in the market. Who’s the GDI now?
Oh and I’m getting head while typing this
14 years ago at 10:40 pm