Saturday, September 22, 2007
Gotta Wonder
Think these two headlines are related?
Looks like the bond market has picked up the slack from the Fed on inflation worries.
U.S. Stocks Surge the Most Since March After Fed Cuts Rates
Treasury 10-Year Notes Fall Most Since March 2006 On Inflation Concerns
Looks like the bond market has picked up the slack from the Fed on inflation worries.
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I can't help thinking all these maneuvers are simply delaying the inevitable.
There are suggestions a normal correction process was taking place. By extension, manipulating that process delays at best or in the worst scenario creates a bigger problem.
There are suggestions a normal correction process was taking place. By extension, manipulating that process delays at best or in the worst scenario creates a bigger problem.
I think that's so cartledge. But they can probably delay the crash for a long, long time. Hell, they've been doing it. Phony gov't stats, continued borrowing, revving up the money printing presses...
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