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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Crimson Ghost who wrote (5327)1/16/2004 8:23:47 PM
From: NOW   of 110194
 
"Mr. Faber goes on to say "This highly artificial recovery is, in our opinion, not sustainable for very much longer, although we should all realize that the Fed is fully aware that asset prices must, under no circumstances, be allowed to decline.
In fact, the Fed will try to make them appreciate even further through highly expansionary monetary policies." And this is why the stock market was almost guaranteed not to go down before December 31, and, sure enough, it didn't."
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