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

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To: jimmg who wrote (76382)12/22/2006 9:38:29 AM
From: russwinter  Read Replies (1) of 110194
 
If this was just seasonal, all the Fed would have to do is push the TOMO to the high end of it's range, and then let it drain off in January. Instead they've injected large permanents into the system AND pushed the TOMO up.

<Do you blame the liquor store for selling booze to an alcoholic?>

Absolutely, responsible bartenders pull the punch bowl when the customers start trying to rip the toilets off the bathroom wall.
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