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


To: Jim McMannis who wrote (66436)7/19/2006 10:13:25 PM
From: UncleBigs  Read Replies (4) | Respond to of 110194
 
Bernanke is done raising rates. He, more than anyone knows that the stock market is his scorecard.

Did you see that Senator raking him over the coals because the stock market is down since he was appointed and since he whispered in Maria's ear?

He will get the blame for a bear market. He will do everything in his power to keep it juiced.

That means we not only get today's 18th "the fed is almost done" rally but we will also get the 1st "the fed didn't do anything" rally.



To: Jim McMannis who wrote (66436)7/19/2006 10:43:42 PM
From: yard_man  Read Replies (1) | Respond to of 110194
 
if he hikes now, it will be like irrational exhuberance in reverse -- the black boxes will say he lied to them.