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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: orkrious who wrote (48839)3/29/2006 12:39:24 AM
From: patron_anejo_por_favor  Read Replies (3) of 116555
 
>>Then they should raise 50 bps, say they may do more, and stop being predictable.<<

I agree....predictability helps speculators and Goldman, but pretty much nobody else. The market should be scared of the CB, at least enough to consider that they MIGHT rein in excessive speculation once in a while. Volker had it right.
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