- What #Fed is missing is that the US economy is being muted by an exogenous oversupply of labor and production that they just don't measure.
https://twitter.com/DanielAlpert/status/677215849044922368
— Dan Alpert (@DanielAlpert)Wed, Dec 16 2015 19:56:55
When the history of this attempt by the #FOMC to get off of zero is written, it will be compared to 2006 in Japan: pic.twitter.com/Fwm0AUeRwWhttps://twitter.com/DanielAlpert/status/677213855009886209
— Dan Alpert (@DanielAlpert)Wed, Dec 16 2015 19:48:59- OK, now the first rate hike uncertainty is over, let's all starting obsessing about the uncertainty of the next hike.#MarketsHateUncertainty
https://twitter.com/MandyCNBC/status/677213748461969409
— Amanda Drury (@MandyCNBC)Wed, Dec 16 2015 19:48:34 - Yellen says Fed could go right back to zero interest rate policy if there is an "adverse shock." #FedDecision
https://twitter.com/morningmoneyben/status/677213221984538624
— Ben White (@morningmoneyben)Wed, Dec 16 2015 19:46:28 - Bingo! Yellen makes it clear: The Fed is taking on board the view that the neutral interest rate is lower than many had thought.
https://twitter.com/JustinWolfers/status/677212375985037312
— Justin Wolfers (@JustinWolfers)Wed, Dec 16 2015 19:43:07 - When #Fed started calling disinflation/deflation "transitory" over a year ago, consensus was certainly NOT we'd still be at present levels
https://twitter.com/DanielAlpert/status/677212100331196417
— Dan Alpert (@DanielAlpert)Wed, Dec 16 2015 19:42:01 - Greater risk for Fed was always moving too early; not too late. It'll be awhile before we know.
https://twitter.com/TonyFratto/status/677209968030912512
— Tony Fratto (@TonyFratto)Wed, Dec 16 2015 19:33:32 - There will be interim volatility but rates will be coming back down across the curve. The economy is trending down. https://twitter.com/Kathleen_Hays/status/677209091001991168 …
https://twitter.com/DanielAlpert/status/677209931225948161
— Dan Alpert (@DanielAlpert)Wed, Dec 16 2015 19:33:24 https://twitter.com/MandyCNBC/status/677209817589669888
— Amanda Drury (@MandyCNBC)Wed, Dec 16 2015 19:32:57- More good news. Volatility is down. Again, not surprising. https://twitter.com/TheStalwart/status/677208646225383424 …
https://twitter.com/JustinWolfers/status/677209201467383809
— Justin Wolfers (@JustinWolfers)Wed, Dec 16 2015 19:30:30 - Worth noting that the Fed expects the next election to occur with 4.7% unemployment & subdued inflation, in the midst of a 7+ year expansion
https://twitter.com/JustinWolfers/status/677208862315978752
— Justin Wolfers (@JustinWolfers)Wed, Dec 16 2015 19:29:09 - The last time the Fed upped interest rates, nobody tweeted it. Twitter wasn't a thing yet! https://twitter.com/i/moments/677148402279424000 …
https://twitter.com/lukehopewell/status/677207835491569664
— Luke Hopewell ⚡️ (@lukehopewell)Wed, Dec 16 2015 19:25:04 - Based on new FED language, lower #oil means less chance of another hike #OneAndDone
https://twitter.com/BKBrianKelly/status/677207862100250624
— Brian Kelly (@BKBrianKelly)Wed, Dec 16 2015 19:25:10 - Dollar now being sold off. Post-hike spike short-lived. $DXY
https://twitter.com/MandyCNBC/status/677206540785422338
— Amanda Drury (@MandyCNBC)Wed, Dec 16 2015 19:19:55
It is striking that the Fed still doesn't expect to hit it's inflation target until *2018*. pic.twitter.com/WatQ756bozhttps://twitter.com/JustinWolfers/status/677205907512696834
— Justin Wolfers (@JustinWolfers)Wed, Dec 16 2015 19:17:24- Remember this is America getting back to normal. Economy is coming off the life-support machine after cutting rates to emergency low. #fed
https://twitter.com/BBCBenThompson/status/677205622786531329
— Ben Thompson (@BBCBenThompson)Wed, Dec 16 2015 19:16:17 - Now ... Let's see if the new rate-hiking mechanisms work, in a system awash in excess reserves.
https://twitter.com/prchovanec/status/677205405907468290
— Patrick Chovanec (@prchovanec)Wed, Dec 16 2015 19:15:25 - Key point that will get lost in every headline: Monetary policy remains accommodative.
https://twitter.com/JustinWolfers/status/677202872082292737
— Justin Wolfers (@JustinWolfers)Wed, Dec 16 2015 19:05:21 - First Read - based on change in criteria for further hikes, the #FED is One and Done
https://twitter.com/BKBrianKelly/status/677202683674157057
— Brian Kelly (@BKBrianKelly)Wed, Dec 16 2015 19:04:36 - If the markets do next to nothing off this, it will be EXACTLY what Yellen and the Fed wanted.
https://twitter.com/morningmoneyben/status/677202664518758401
— Ben White (@morningmoneyben)Wed, Dec 16 2015 19:04:31 - Everything we learned just now was priced into the market. What isn't priced in is what we still don't know, which is what impact will be.
https://twitter.com/prchovanec/status/677202486910939140
— Patrick Chovanec (@prchovanec)Wed, Dec 16 2015 19:03:49 - This is both the expected hike and a very dovish statement about the future path of increases. Should be welcomed by markets. #FedDecision
https://twitter.com/morningmoneyben/status/677202312675401728
— Ben White (@morningmoneyben)Wed, Dec 16 2015 19:03:07 - Time for the long end of the curve to come back in. It's over folks, time to stop silly trading and feel the continuing demand for bonds.
https://twitter.com/DanielAlpert/status/677202164708712449
— Dan Alpert (@DanielAlpert)Wed, Dec 16 2015 19:02:32 - It's stunning. The Fed did exactly what they told us they would do. Rates are now officially nearly-zero. Statement: http://www.federalreserve.gov/newsevents/press/monetary/20151216a.htm …
https://twitter.com/JustinWolfers/status/677201923804631042
— Justin Wolfers (@JustinWolfers)Wed, Dec 16 2015 19:01:35










