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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Mike Johnston who wrote (77867)1/18/2007 5:06:13 PM
From: Real Man  Read Replies (1) of 110194
 
Well, "core" CPI of 2.6% is above what the Fed normally considers
comfortable, the Fed wants to lower rates and prints, and props
the stock market to save the bubbles, so of course something is
wrong with the CPI number, otherwise the Fed is cornered and
can do nothing but raise. This is Ben, not Volcker. He
is acting like Hilo Ben. So? I guess, one needs to buy this
dip in oil - Ben will not raise, Ben will drop rates
and print
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