Yeah, it seems we have had some kind of FED drama for the past number of years. This guy probably won't make that much of an impact. The FOMC is a 12 member voting board, so one guy/gal is not wielding the ultimate power. Although, I think some of our policymakers think this is how it works. They need to just do their thing and stay out of the daily news. That's kind of a tough deal in today's times though.
Yes, the month of January is drawing to a close. So far, I think I will end up with a decent month, barring something real nutty. This is possible in the current environment. I'm easily on the green side for the month. A short time period to measure in the grand scheme, but sometimes it provides a bit of a psychological boost to see it. Our minds are wired to it. We just have to control it on both sides of the coin.
I am IGNORING the markets.....again...today. Meaningless short term noise is rampant today. PLUS....I have plenty of other "stuff" to take my time and keep me busy. My live CD project is finally started. I will not be doing anything personally till about mid February when I get back together with the engineer in the studio and we put in a 4-8 hour day to finish the whole thing up. At this time the engineer is working on it on his own.....I have confidence that he knows what I want and is right on point after our first session. I continue to be involved with various Board positions in my art endeavors and with the family land and mineral rights. I spend a lot of time following the various art auctions and the major galleries that handle my kind of art. I will be back in the studio (not the CD project) this Sunday and will continue to do so into the future. I am playing shows once in a while and will travel to Houston in February to do some. Of course I have the usual family events and obligations. So no.....outside this thread....I dont care or spend much time obsessing over the day to day markets.
CNBC had Kevin Hasset on this morning trying get some information/opinion on Warsh, I swear the guy's lips were moving the whole time, but he actually said NOTHING !!
