""The risks (to the economy) look pretty balanced,'' said Rivlin, in an interview with the newspaper."
I think in this case, that's a euphemism for saying "We don't know what is going on, so we're going to stand pat until something hits us over the head."
IMO, their next move will be down, but in response to some perceived, or real, crisis. InterNut stocks getting hit doesn't qualify, if anything they will breath a sigh of relief at that. Especially with smaller caps and industrials going up. The A-D line on the NYSE was 2-1 up, pretty amazing, long overdue. Didn't help my depressed tech stocks, though, while my high-fliers were getting clobbered. |
