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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.270.0%Dec 26 4:00 PM EST

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To: Cynic 2005 who wrote (37465)1/14/2000 2:15:00 PM
From: Jacob Snyder  Read Replies (1) of 99985
 
re: "Greeny, we know you are spineless."

No, I think he's trying very hard for a soft landing. He's trying to slow consumption (and lower the stock market's PE) in a gradual, gentle manner. But the higher stocks go, and the higher consumer confidence gets, the more unlikely a soft landing becomes.

When Mr. Market argues with the Fed, the Fed always wins, eventually. The risk premium will be put back into stocks.
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