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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (3056)12/9/2003 4:52:59 PM
From: russwinter  Read Replies (1) of 110194
 
Northern Trust's comments are blather. I'm just going to call the Fed (Wizard of Oz) irrelevant (and most economists including Northern Trust) in terms of my own analysis. About the only data I'd key on is how much debt they monetize each week. I think (as Darfot would say), their role has now stooped to Middle Ages like debates about stimulating topics such as "how many angels can dance on the head of a pin?" And these old senile characters they keep interviewing on CNBC about all this, my God it's like a nursing home. How did we get into this state? There should be a requirement to fucking retire from all this at 52 (about my age now, it's all downhill afterwards, anyway). Go do something useful, and take up gardening for heaven sakes.
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