Increasingly it appears that equity markets are nervous not just about inflation but about how the newish Chairman will balance things out. Any hints that the spigot is being turned off isn't good news for longs......
It Can't be Healthy
Started by
Pabst
, Jul 19 2007 01:36 PM
1 reply to this topic
#1
Pabst
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Posted 19 July 2007 - 01:36 PM
Free market's for free men!
#2
JAP
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Posted 19 July 2007 - 08:24 PM
Increasingly it appears that equity markets are nervous not just about inflation but about how the newish Chairman will balance things out. Any hints that the spigot is being turned off isn't good news for longs......
Over the last year, 90% of Ben's speaches helped to rally the market. However, during these last 2 appearances, Ben has had a little bit of truth squeezed out of him. He can only get away with lying for so long.
I can't stand Barney Frank (or his voice), but I love it when he puts Big Ben into the hot seat with his tough questioning.
