Stock Market Fails To Respond To Fed Stimulus
Market Says It Faked Previous Rallies
Fed officials were red-faced when, after cutting the Fed Funds rate 50 basis points, the stock market failed to respond to the Fed’s stimulus.
Fed officials angrily maintained there was something wrong with the stock market and no government official could satisfy it.
Stifling a laugh, the Dow Jones Industrial Average said it had been faking rallies for the past three years and that previous Fed officials were much better at finding its G-spot.
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“Maybe I’m just really tired from the whole housing crisis….”
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Current Fed officials responded that this kind of thing had never happened before and offered to massage the market’s feet.
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Stock Market » Stock Market Fails To Respond To Fed Stimulus
Feb 16, 2008 at 8:29 am
[...] Biz Levity wrote an interesting post today on Stock Market Fails To Respond To Fed Stimulus Here’s a quick excerptFed officials angrily maintained there was something wrong with the stock market and no government official could satisfy it….Stifling a laugh, the stock market said it had been faking rallies for the past three years and that previous Fed officials were much better at finding its G-spot….Fed officials were red-faced today when, after cutting the Fed Funds 50 basis points, the stock market failed to respond to the Fed’s stimulus…. [...]
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