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To: LTK007 who wrote (457)2/14/2007 10:53:30 AM
From: LTK007  Respond to of 694
 
Bernanke is more slippery than Greenspan: But he has said this: While inflation is showing some signs of slowing there remains worry that it could rise and the FOMC is prepared TO ACT.
So his tone is all is GOLDILOCKS he gives a significant warning FOMC will HIKE rates on any indication of matters heating up.
A warning hidden in a big spoon of sugar.
So this statetement was all a carefully MANIPULATIVE sentence
"Signs of inflation slowing, not time to relax" --Greenspan must be PROUD. Max



To: LTK007 who wrote (457)2/14/2007 6:56:55 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 694
 
Yes the stock market is now in a mania phase worse than 2000.

Back then it was just a tech mania now it is mania for stocks as an asset class and the riskier the better.

Interesting that this latest stock mania closely coincides with the end of the housing bubble.

And junk credit spreads -- thin as they are -- continue to get even thinner.


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