what I would like to see from the fed tommorow

[rdking647]

1. the fed announcing they are buying mortgage bonds --- will push mortgages lower
2. a ban on high frequency trading
3. the fed to go into the market and actually buy stocks in conjunction with the ECB,the japanese central band and even the chinese central bank (they dont even have to annouce they are doing it. just do it and as stocks rise it will beget more buying...
4. the fed announcing they are extending the maturitys of the bonds it holds (will force long term rates lower)

I know there is zero chance of some of it happening but I can hope....

[gateley]

1. I'm glad you're not counting on these steps, but they

are indeed very good suggestions. :hug:

[Earth_First]

2. 2. a ban on high frequency trading

+1

[joshcryer]

3. They can buy stocks? Can you elaborate on that one?

That's a neat trick if they can, epic, imo. (Nationalization through investment, lol.)

[Ruby the Liberal]

4. You are never going to see a ban on HFT

Algos run the casino.

Know an alternative I have been championing for some time? Trade tax. $0.10 per trade. Straight to the federal coffer.

That wouldn't stop the algos, but it would close a really huge loophole in the deficit, and right where the funds should be coming from.

[rdking647]

7. there already is a trade tax

the sec charges a fee on every sale. on a $2900 trade its $.06
the larger the trade the bigger the fee.

[RB TexLa]

5. 4.54% national average on a 30 year fixed with no points is not low enough?

ok

[Travis_0004]

6. A bond is considered a formal contract. You can't just change the maturity.

Unless of course the ability to do so was written into the bond, which I can assure you it isn't.

You could change rates on newly issued bonds, but not ones already outstanding.