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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Perspective who wrote (64897)6/29/2006 4:33:43 PM
From: mishedlo  Read Replies (1) of 110194
 
Yep, 'ol Bennie is still learning the ropes, I'd say. This moonshot probably isn't what he wanted, and I agree that it will only make his job harder. The more frothy the markets get, the more damage has to be inflicted in the real economy, particularly housing, in order to cool the monetary inflation.

They're reading it as less likely for another hike, but if the markets keep acting up, it'll make it far more likely.

BC


Exactly my take but it did me little good.
I only took 30% of my shorts off yesterday.

Mish
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