>>>>As long as the Federal Reserve keeps its eye on the ball, this is all going to end up just fine<<<<
of course we are all speculating on future events and no one knows the outcome, but i will not heap hero worship on a man or a group of men, can engineer anything, i think this is dangerous bubbleheaded thinking that he will always be able to save the day, the economy is a pyramid scheme, if it has topped in a way it topped in 29 or 73, there is nothing the fed can do about it.
The economy is structurally different than these last two periods, this is a consumer economy, consumer spending goes up and down with the nasdaq, the charts match - get my drift.
>>>>This is no longer a panic<<<<
This is exactly what you want, panic to set a bottom, the panic on 4/14 appears not to have done it, since we are probing to the downside, the next panic will.
b |