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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 660.19-0.8%4:00 PM EST

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To: GROUND ZERO™ who wrote (37218)8/31/2012 12:48:49 PM
From: Wayners1 Recommendation  Read Replies (1) of 218931
 
I don't think people are really rooting for a bad economy. They are rooting for a goldilocks economy that is neither too hot nor too cold. There seems to be no fear of inflation with high unemployment so the Fed has a lot of room to inflate asset prices without it spilling over onto prices on main street at least I think that is the plan. That is the psychology at least. Personally I think their inflation numbers are completely bogus, but the Street if following them.
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