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Sunday, November 8th, 2009

Stock Market Fails To Respond To Fed Stimulus

February 14, 2008 by Mark Jabo  
Filed under Business

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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  1. [...] 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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