Quote from Pa(b)st Prime:
I'm not bullish-nor am I particularly bearish right here-but karl and Zhivodka are making the best points.
Forget about what Bernanke said during the break. Words are for pikers. The dumb money looks to be "told" what's happening.
Look instead at the Fed's actions. They were cutting the shit out of rates even when stocks were still making all time highs. No one remember the 9/07 funds cut?? His actions are those of a Chairman who saw things desinigrating early.
I'm the biggest critic of government there is-and I'm not exactly crazy about Jew bankers either-but Volker, Greenspan and Bernanke have each done an almost perfect job of managing FOMC policy vs. conditions. Granted they're not bright enough to post on ET.......
Quote from Pa(b)st Prime:
I'm not bullish-nor am I particularly bearish right here-but karl and Zhivodka are making the best points.
Forget about what Bernanke said during the break. Words are for pikers. The dumb money looks to be "told" what's happening.
Look instead at the Fed's actions. They were cutting the shit out of rates even when stocks were still making all time highs. No one remember the 9/07 funds cut?? His actions are those of a Chairman who saw things desinigrating early.
I'm the biggest critic of government there is-and I'm not exactly crazy about Jew bankers either-but Volker, Greenspan and Bernanke have each done an almost perfect job of managing FOMC policy vs. conditions. Granted they're not bright enough to post on ET.......