Re: [ob] Fed Rate Signals ‘Financial Crisis Is Lar gely Over,’ Levy Says
Ini kan baru discount rate udah pada panik, kalaupun the fed fund rates yang naik nggak masalah. Gw ada tuh chart the fed fund rates vs. SP500 di http://tradergila.com, justru ketika the fed fund rate mulai naik saham naik. On Sat, Feb 20, 2010 at 12:15 AM, bayu_kusuma_wardh...@yahoo.com wrote: Feb. 19 (Bloomberg) -- The Federal Reserve’s decision to raise the discount rate is a signal that “the financial crisis is largely over,” said Mickey Levy, chief economist at Bank of America in New York. “It’s time to normalize things,” Levy said today in an interview on Bloomberg Radio. The Fed started lowering the rate on direct loans to banks when the financial crisis erupted in August 2007 and threatened the global banking system. Central bankers will raise the benchmark federal funds rate on overnight loans between banks “when they’re convinced the economic recovery is sustainable,” Levy said. The overnight rate has been close to zero since December 2008. The quarter-point increase in the discount rate to 0.75 percent is the first since June 2006. The central bank announced its decision yesterday after the close of trading in New York. “The Fed, during the financial crisis, lowered the discount rate relative to the federal funds rate as part of their providing excess liquidity to the markets,” Levy said. “Now that those excess liquidity facilities have run off, and we’re not in a financial crisis anymore, it’s quite natural to move back toward normalcy in the spread between the discount rate and the funds rate,” he said. “Any bank in a non-crisis situation is not borrowing at the discount window unless they’re in major trouble” and as a result, the increase in the discount rate “doesn’t mean that much,” Levy said. (In the U.S., hear Bloomberg Radio on satellite radio: Sirius Channel 130 and XM Channel 129. In New York City, tune to WBBR 1130 on the AM dial.) To contact the reporters on this story: Vincent Del Giudice in Washington vdelgiud...@bloomberg.net ; Thomas R. Keene in New York tke...@bloomberg.net . === Sent from Bloomberg for Blackberry. Download it from the Blackberry App World! Powered by Telkomsel BlackBerry® + + + + + + + Mohon saat meREPLY posting, text dari posting lama dihapus kecuali diperlukan agar CONTEXTnya jelas. + + + + + + +Yahoo! Groups Links
Re: [ob] Fed Rate Signals ‘Financial Crisis Is Lar gely Over,’ Levy Says
Untuk sekarang nggak sih, soalnya semua aset busuk udah dijual, udah bersih dari Bank. Kan ada fund gabungan govt-private yg beli aset2 bank taun lalu, TARP. Yang saya takutkan unemployment aja soalnya stimulus OBAMA banyak salah alamat, masuk ke Green Energy, Solar Panel yg serap Labor dikit, trus PNS diperbanyak, macam POLISI, Guru2. Emang bener harus mandiri dari OIL arab supaya resesi nggak berulang setiap 4-5 taun sekali cuma feeling saya gagal serap tenaga kerja, orang mulai nggak percaya dia, akhirnya kita kembali ke siklus resesi 4 tahunan. Defisit USA juga luar biasa, dilain pihak perlu spending biar nggak depresi tapi juga Demokrat udah kadung janji bikin Universal healthcare yang butuh budget gede, awal2nya mau ada Public Option Plan mirip di UK, France, germany, terus di scrap, lolos di Congress, Senat reses, pemilu sela kehilangan 2 kursi di senat. Terus ada isu Propriatery Trading buat bank, supaya bank nggak boleh beli aset sekuritas untuk keuntungan sendiri kecuali keuntungan client, ini yang sempat bikin DOW ancur dari 10600 ke 9900. Cuma feeling saya nggak akan lolos bill-nya karena ya itu kursi bekas Ted Kennedy di Massachuset sudah ke Republikan yg bener nentang rencana ini ,kalo lolos earning banking bakal kegerus, macam GS yang cuan gede dari trading. On Sat, Feb 20, 2010 at 11:55 AM, bayu_kusuma_wardh...@yahoo.com wrote: Pak Eka kira2 masih ada ga pak bom waktu di ekonominya US? Thanks pak Powered by Telkomsel BlackBerry® -- *From: *Eka Suwandana esuwan...@gmail.com *Date: *Sat, 20 Feb 2010 11:49:56 +0700 *To: *obrolan-bandar@yahoogroups.com *Subject: *Re: [ob] Fed Rate Signals ‘Financial Crisis Is Lar gely Over,’ Levy Says Ini kan baru discount rate udah pada panik, kalaupun the fed fund rates yang naik nggak masalah. Gw ada tuh chart the fed fund rates vs. SP500 di http://tradergila.com, justru ketika the fed fund rate mulai naik saham naik. On Sat, Feb 20, 2010 at 12:15 AM, bayu_kusuma_wardh...@yahoo.com wrote: Feb. 19 (Bloomberg) -- The Federal Reserve’s decision to raise the discount rate is a signal that “the financial crisis is largely over,” said Mickey Levy, chief economist at Bank of America in New York. “It’s time to normalize things,” Levy said today in an interview on Bloomberg Radio. The Fed started lowering the rate on direct loans to banks when the financial crisis erupted in August 2007 and threatened the global banking system. Central bankers will raise the benchmark federal funds rate on overnight loans between banks “when they’re convinced the economic recovery is sustainable,” Levy said. The overnight rate has been close to zero since December 2008. The quarter-point increase in the discount rate to 0.75 percent is the first since June 2006. The central bank announced its decision yesterday after the close of trading in New York. “The Fed, during the financial crisis, lowered the discount rate relative to the federal funds rate as part of their providing excess liquidity to the markets,” Levy said. “Now that those excess liquidity facilities have run off, and we’re not in a financial crisis anymore, it’s quite natural to move back toward normalcy in the spread between the discount rate and the funds rate,” he said. “Any bank in a non-crisis situation is not borrowing at the discount window unless they’re in major trouble” and as a result, the increase in the discount rate “doesn’t mean that much,” Levy said. (In the U.S., hear Bloomberg Radio on satellite radio: Sirius Channel 130 and XM Channel 129. In New York City, tune to WBBR 1130 on the AM dial.) To contact the reporters on this story: Vincent Del Giudice in Washington vdelgiud...@bloomberg.net ; Thomas R. Keene in New York tke...@bloomberg.net . === Sent from Bloomberg for Blackberry. Download it from the Blackberry App World! Powered by Telkomsel BlackBerry® + + + + + + + Mohon saat meREPLY posting, text dari posting lama dihapus kecuali diperlukan agar CONTEXTnya jelas. + + + + + + +Yahoo! Groups Links
Re: [ob] Fed Rate Signals ‘Financial Crisis Is Lar gely Over,’ Levy Says
Pak Eka, saya nimbrug diskusi aja. Sebelumnya biar gak bingung.. Dulu nick saya hmin918 :D Ada sedikit analisa dari kaum bearish (karena kaum berish nadanya jadi pesimis) Katanya kenaikan discount rate adalah sesuatu yang tidak bisa dihindari karena japan dan china sudah mulai jualan T-bond karena return yang kecil,.. Makanya yield naik dan bernanke orangnya sangan mengikuti yield ini. Pemerintah ausie sendiri juga sudah bilang kalau ekonomi tidak bisa naik lagi tanpa inflasi. Sepertinya kondisi riil ekonomi belum berubah, rate naik karena terpaksa. US gov gak bisa hutang lagi kalau interest rate tidak naik. Kalau saya pribadi.. Cenderung stay with chart aja,.. FA lagi complicated buat lihat jangka panjang Tiger On 2/20/10, Eka Suwandana esuwan...@gmail.com wrote: Untuk sekarang nggak sih, soalnya semua aset busuk udah dijual, udah bersih dari Bank. Kan ada fund gabungan govt-private yg beli aset2 bank taun lalu, TARP. Yang saya takutkan unemployment aja soalnya stimulus OBAMA banyak salah alamat, masuk ke Green Energy, Solar Panel yg serap Labor dikit, trus PNS diperbanyak, macam POLISI, Guru2. Emang bener harus mandiri dari OIL arab supaya resesi nggak berulang setiap 4-5 taun sekali cuma feeling saya gagal serap tenaga kerja, orang mulai nggak percaya dia, akhirnya kita kembali ke siklus resesi 4 tahunan. Defisit USA juga luar biasa, dilain pihak perlu spending biar nggak depresi tapi juga Demokrat udah kadung janji bikin Universal healthcare yang butuh budget gede, awal2nya mau ada Public Option Plan mirip di UK, France, germany, terus di scrap, lolos di Congress, Senat reses, pemilu sela kehilangan 2 kursi di senat. Terus ada isu Propriatery Trading buat bank, supaya bank nggak boleh beli aset sekuritas untuk keuntungan sendiri kecuali keuntungan client, ini yang sempat bikin DOW ancur dari 10600 ke 9900. Cuma feeling saya nggak akan lolos bill-nya karena ya itu kursi bekas Ted Kennedy di Massachuset sudah ke Republikan yg bener nentang rencana ini ,kalo lolos earning banking bakal kegerus, macam GS yang cuan gede dari trading. On Sat, Feb 20, 2010 at 11:55 AM, bayu_kusuma_wardh...@yahoo.com wrote: Pak Eka kira2 masih ada ga pak bom waktu di ekonominya US? Thanks pak Powered by Telkomsel BlackBerry® -- *From: *Eka Suwandana esuwan...@gmail.com *Date: *Sat, 20 Feb 2010 11:49:56 +0700 *To: *obrolan-bandar@yahoogroups.com *Subject: *Re: [ob] Fed Rate Signals ‘Financial Crisis Is Lar gely Over,’ Levy Says Ini kan baru discount rate udah pada panik, kalaupun the fed fund rates yang naik nggak masalah. Gw ada tuh chart the fed fund rates vs. SP500 di http://tradergila.com, justru ketika the fed fund rate mulai naik saham naik. On Sat, Feb 20, 2010 at 12:15 AM, bayu_kusuma_wardh...@yahoo.com wrote: Feb. 19 (Bloomberg) -- The Federal Reserve’s decision to raise the discount rate is a signal that “the financial crisis is largely over,” said Mickey Levy, chief economist at Bank of America in New York. “It’s time to normalize things,” Levy said today in an interview on Bloomberg Radio. The Fed started lowering the rate on direct loans to banks when the financial crisis erupted in August 2007 and threatened the global banking system. Central bankers will raise the benchmark federal funds rate on overnight loans between banks “when they’re convinced the economic recovery is sustainable,” Levy said. The overnight rate has been close to zero since December 2008. The quarter-point increase in the discount rate to 0.75 percent is the first since June 2006. The central bank announced its decision yesterday after the close of trading in New York. “The Fed, during the financial crisis, lowered the discount rate relative to the federal funds rate as part of their providing excess liquidity to the markets,” Levy said. “Now that those excess liquidity facilities have run off, and we’re not in a financial crisis anymore, it’s quite natural to move back toward normalcy in the spread between the discount rate and the funds rate,” he said. “Any bank in a non-crisis situation is not borrowing at the discount window unless they’re in major trouble” and as a result, the increase in the discount rate “doesn’t mean that much,” Levy said. (In the U.S., hear Bloomberg Radio on satellite radio: Sirius Channel 130 and XM Channel 129. In New York City, tune to WBBR 1130 on the AM dial.) To contact the reporters on this story: Vincent Del Giudice in Washington vdelgiud...@bloomberg.net ; Thomas R. Keene in New York tke...@bloomberg.net . === Sent from Bloomberg for Blackberry. Download it from the Blackberry App World! Powered by Telkomsel BlackBerry® + + + + + + + Mohon saat meREPLY posting, text dari posting lama dihapus kecuali diperlukan agar CONTEXTnya jelas. + + + + + + +Yahoo! Groups Links
