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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (69164)9/18/2007 4:33:01 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
Righting The Economic Ship?
globaleconomicanalysis.blogspot.com
The Fed panicked again today with a half point cut in interest rates. Anyone who thought the Fed cared about the dollar found out otherwise. The dollar fell to a record low against the Euro and gold made a 27-year high. Robert Toll said "Our boy has righted the ship". But Micromanagement by the Fed just creates bigger bubbles until it all blows sky.
Mish



To: RealMuLan who wrote (69164)9/18/2007 6:18:36 PM
From: Travis_Bickle  Read Replies (4) | Respond to of 116555
 
He did a lot more than ask questions based on eyewitness reports, I would have been okay with them beating him a la rodney king, nobody likes a wiseguy.


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