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Strategies & Market Trends : The coming US dollar crisis
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To: stan_hughes who wrote (886)9/15/2007 1:56:50 AM
From: the navigator  Read Replies (1) of 71475
 
Very very good post. So this is what motivated the "bin laden trades," they know the fed is not going to cut rates! (just kidding)

Seriously, though, I've been thinking about Mr. Bernanke and the situation in which the Fed finds itself and I'm prepared to expect a big surprise. BB knows "the whole world is watching." And the market is like Pavlov's dogs. They've become so accustomed to being saved by the previous fed head that they are ass uming that it's going to happen again, expectations are powerful things.

Bernanke may have the ego to want to make his mark and this is the first really BIG crisis he's had to deal with, there is a lot on the line for him here. He may try to get creative.
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