That's right...keep the market's guessing. Ben says economic strength and tough on inflation. Then send old and sacred Greenspan out there to raise worries about recession and thus the possibility of an ease. Now that's playing the game smartly.
The Fed's Game
Started by
Cirrus
, Mar 09 2007 08:58 AM
1 reply to this topic
#1
Posted 09 March 2007 - 08:58 AM
#2
Posted 09 March 2007 - 09:10 AM
That's right...keep the market's guessing. Ben says economic strength and tough on inflation. Then send old and sacred Greenspan out there to raise worries about recession and thus the possibility of an ease. Now that's playing the game smartly.
Good game short term; but I believe it's going to get Ben into a credibility bind into the future and then it will be everyone for themselves ....MDW
Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence
Be Sure to Perform Your Own Due Diligence