Unexpectedly Intriguing!
13 December 2005

As measured by the speed of pleasantly surprised reaction in financial markets, in reaction to a very minor change in a statement issued by the Federal Reserve' Open Market Committee (FOMC) after increasing interest rates as expected today:

DJI, S&P 500, Nasdaq Indices on 12-13-2005

I'd say the spike in the Dow Jones Industrial index (DJI), Standard & Poor 500 index (GSPC), and Nasdaq index (IXIC) all happened at about the exact time the following news was reported:

2:15PM: As expected, the FOMC has raised the fed funds rate by 25 basis points to 4.25% and maintains that some further measured policy firming is likely; however, the Fed did drop the reference with regard to "policy accomodation." NYSE Adv/Dec 1489/1752, Nasdaq Adv/Dec 1232/1726

Source: Yahoo! Finance Market Update on December 13, 2005

About Political Calculations

Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:

ironman at politicalcalculations.com

Thanks in advance!

Recent Posts

Stock Charts and News

Most Popular Posts
Quick Index

Site Data

This site is primarily powered by:

This page is powered by Blogger. Isn't yours?

CSS Validation

Valid CSS!

RSS Site Feed

AddThis Feed Button


The tools on this site are built using JavaScript. If you would like to learn more, one of the best free resources on the web is available at W3Schools.com.

Other Cool Resources

Blog Roll

Market Links

Useful Election Data
Charities We Support
Shopping Guides
Recommended Reading
Recently Shopped

Seeking Alpha Certified

Legal Disclaimer

Materials on this website are published by Political Calculations to provide visitors with free information and insights regarding the incentives created by the laws and policies described. However, this website is not designed for the purpose of providing legal, medical or financial advice to individuals. Visitors should not rely upon information on this website as a substitute for personal legal, medical or financial advice. While we make every effort to provide accurate website information, laws can change and inaccuracies happen despite our best efforts. If you have an individual problem, you should seek advice from a licensed professional in your state, i.e., by a competent authority with specialized knowledge who can apply it to the particular circumstances of your case.