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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: UncleBigs who wrote (64747)6/28/2006 1:31:03 PM
From: booyaka  Read Replies (1) of 110194
 
If they pause, I don't think they'll come right out and say so. Doing so would negate the "tough Benny" persona that Bernanke has been working so hard to project. I think they'll keep their options open (i.e., with "data-dependent" verbiage), although they may give some indication that they're more likely to pause. I don't think the stock market situation is as dire as you make it out to be. The market has stabilized after its selloff. I'd say the market is where the Fed wants it (i.e., in solid shape but defrothified). JMO
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