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

To: basho who wrote (68649)8/23/2006 10:20:53 AM
From: Rarebird  Read Replies (1) | Respond to of 110194
 
There appears to be a lot of denial in the Market here. While Fed President Moscow has explicitly stated that another rate increase may be needed, all I hear from Analysts and Strategists on Bloomberg and CNBC is that the next Fed move from Chairman Bernanke will be to lower rates this coming fall or winter.

Such denial ultimately leads to disappointment and massive selling.

Message 22744754


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