the market has no goal at the moment
last year the goal was for Fed to go on pause
then the goal was for Fed to cut
currently there is no goal, and therefore the market will exhaust at some time soon
seems like the market assumes that the economy will avoid recession and with core inflation back inside Feds comfort zone, things should only get worse
But what will really kill this market - stagflation
will be interesting
top should be found soon
Started by
relax
, Jun 05 2007 06:47 AM
1 reply to this topic
#2
relax
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- Traders-Talk User
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Member
Posted 05 June 2007 - 07:19 AM
Bernanke factor is over, without any goal for the market, nobody really cares about the usual comments
from marketwatch
Bernanke: Home price drops limited to prev. hot markets
03. Bernanke: Housing demand has weakened so far this yr
04. Bernanke: Inflation risks remain on upside
05. Bernanke: Housing drag will last longer than thought
06. Bernanke: Factors holding down Q1 GDP to be reversed
07. Bernanke sees core inflation ebbing, but level elevated
08. Bernanke: Fed expects economy to advance at moderate pace
