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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.

Dots

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Kokomo

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UPCOMING (MAJOR) ECONOMIC EVENTS...
* Mon. July 3 @ 1:00 pm ET ~ U.S. Markets close early for Independence Day holiday
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* Tues. Oct. 31 ~ 2-day FOMC Meeting Begins
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* Wed. Dec. 13 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
*** Click here for link to Economic Calendars for all upcoming events

Monday, June 17, 2013

Fed Can Take Its Foot Off the Gas Now

Data released today shows that, for the first time since March 2006, the NAHB Housing Market Index has climbed above 50, as shown below...well before the financial crisis hit the markets.

Perhaps it really is time for the Fed to take its foot off the gas pedal and allow markets to reflect true economics and the laws of supply and demand, as they're supposed to function, and let appropriate fiscal policies be set accordingly.