congratulations to Ben Bernanke...

[krazykarl]

...for executing a soft landing in the face of the pessamistic pundtis(permabears).



regards,

krazy

 

[LT701]

the problem is, how do you know if the fed's going to give you a soft landing or not?

sometimes they do, and sometimes they dont

it's hard to interpret their whims, sometimes

 

[krazykarl]

Quote from LT701:

the problem is, how do you know if the fed's going to give you a soft landing or not?

sometimes they do, and sometimes they dont

it's hard to interpret their whims, sometimes

agreed - but things are looking better then they were 3 months ago - and nothing has changed.

-housing is still cooling
-rates are stable
-economy is still growing
-some people are still worried about inflation

 

[PohPoh]

Never been a soft landing in history.
What makes you think we'll get one now?

 

[krazykarl]

Quote from PohPoh:

Never been a soft landing in history.
What makes you think we'll get one now?

because no one thinks we will get one...

 

[Chuck Krug]

Merrill Lynch forecasts that the U.S. economy will grow by 1.9% next year.

 

[PohPoh]

Quote from krazykarl:

because no one thinks we will get one...

EVERYONE does...
Goldilocks economy...
Reality is....

 

[LT701]

Quote from Chuck Krug:

Merrill Lynch forecasts that the U.S. economy will grow by 1.9% next year.

merril lynch predicted nasdaq 4200 by end of 2001 (in dec 2000)

.....oops

 

[Chuck Krug]

1.9% growth is pretty sluggish already imo.

 

[Marblefist]

When is the Fed scheduled to meet again?