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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Paul Kern who wrote (60033)	5/1/2006 4:09:24 PM
From: patron_anejo_por_favor	Respond to of 110194

>>Bernanke told her "over the weekend, the media and the markets got it wrong last week in speculating the Fed is done raising interest rates ... I asked him whether the markets got it right after his congressional testimony and he said, flatly, no."<< Gee, maybe he should just STFU....that way'd there'd be no misunderstanding!<G/NFG> Seriously, you never saw Volker or any of the previous Fed Chairs constantly jabbering to the media like they were Jessica Simpson or something. They just did their freaking jobs the best they could. If some traders got caught leaning the wrong way, too freaking bad. It kept the moral hazard pollution down to a survivable level, unlike the mess we now have....