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

To: UncleBigs who wrote (64829)	6/29/2006 11:28:29 AM
From: russwinter	Read Replies (1) \| Respond to of 110194

I think these Wizards are a little smarter than that. They've really failed to do more than barely dent the Riskloves, who are right back in buying everything. So to give them what they want now, would be the worst moral hazard performance yet, and the Fed knows it. Then Ben would have to go back on Maria B's show, after having lost all credibility, and explain again what they really intended (command and control faux economica). Riskloves will get no help from Fed heads here. The larger question is Japan though, they need to get their act together fast, as does the ECB. bloomberg.com