Greenspan: Sequester cuts will not be horrendous for the economy

[Politico]

Obamacare is going to cause a recession? LOL!

There is a difference between something being the cause of a recession and something being associated with a recession (e.g., Bush is associated with the 2008 recession, but Bush did not cause the 2008 recession). If a recession follows the introduction of Obamacare, regardless of whether or not Obamacare was a cause of the recession it will be politically associated with the recession, which will cost Democrats at the ballot box.

There is a strong possibility we will have another recession before 2016, and it is virtually guaranteed we will have one before 2020 (Why, you ask? The last recession officially ended in 2009, and we have never enjoyed 11 straight years of economic growth). By pushing back Obamacare to the middle of 2015, and assuming the next recession does not start this year or the next, Republicans probably stand a better chance of associating the next recession with Obamacare, regardless of whether the recession starts in 2015, 2016, or 2017. Fair or not, it's part of hardball politics.

[Fmr. Pres. Duke]

The sequester will happen and it won't be a horrible thing. The stock market will absorb it and continue up as long as Ben is pumping the markets with liquidity. As long as the fed keeps their foot on the gas, I am not worried as far as my stocks go.

[philly09]

The sequester will happen and it won't be a horrible thing. The stock market will absorb it and continue up as long as Ben is pumping the markets with liquidity. As long as the fed keeps their foot on the gas, I am not worried as far as my stocks go.

Rumor has it the Fed may end QE3. Plus the commodities boom has gone bust, Gold is heading below 1500, Oil is dropping as well.  Meanwhile the US Dollar is strengthening.

[Fmr. Pres. Duke]

The sequester will happen and it won't be a horrible thing. The stock market will absorb it and continue up as long as Ben is pumping the markets with liquidity. As long as the fed keeps their foot on the gas, I am not worried as far as my stocks go.

Rumor has it the Fed may end QE3. Plus the commodities boom has gone bust, Gold is heading below 1500, Oil is dropping as well.  Meanwhile the US Dollar is strengthening.

The only way I see the fed ending QE is if the job numbers come in particularly strong on Friday. That's why I am hoping for...a good...but not great number. From the sound of Ben when he was in capital hill this week, the fed isn't going to let up anytime soon. I am optimistic.

[philly09]

The sequester will happen and it won't be a horrible thing. The stock market will absorb it and continue up as long as Ben is pumping the markets with liquidity. As long as the fed keeps their foot on the gas, I am not worried as far as my stocks go.

Rumor has it the Fed may end QE3. Plus the commodities boom has gone bust, Gold is heading below 1500, Oil is dropping as well.  Meanwhile the US Dollar is strengthening.

The only way I see the fed ending QE is if the job numbers come in particularly strong on Friday. That's why I am hoping for...a good...but not great number. From the sound of Ben when he was in capital hill this week, the fed isn't going to let up anytime soon. I am optimistic.

If you follow Keith McCullough on Twitter, he seems to have a pretty good bet on where the stock market is going, as well as the fed.  He's been pro-sequester.