All comments are so negative today.
Yahoo, bloomberg, fortune
Everyone is negative
The only positive is Cramer
Add what Bernanke did on options expirations day
He must've been charged or at least fired
Read below
it's published at yahoo finance bonds section
The "moral hazard" aspect of yesterday's rate cuts is getting play with Bloomberg reporting on a harsh piece form RBS Group, that notes "Ultimately, the Fed is going to have to raise rates significantly at some point in the next year or so to try & kill off inflation" leading to "a much deeper & more painful debt-induced deflationary bust...This is all about giving Wall Street & friends another 'Get Out of Jail Free' card. Its all about re-greasing the Wall Street printing press, about validating reckless behavior, & about saying a big 'Up Yours' to the consequences."
Yahoo, bloomberg, fortune
Everyone is negative
The only positive is Cramer
Add what Bernanke did on options expirations day
He must've been charged or at least fired
Read below
it's published at yahoo finance bonds section
The "moral hazard" aspect of yesterday's rate cuts is getting play with Bloomberg reporting on a harsh piece form RBS Group, that notes "Ultimately, the Fed is going to have to raise rates significantly at some point in the next year or so to try & kill off inflation" leading to "a much deeper & more painful debt-induced deflationary bust...This is all about giving Wall Street & friends another 'Get Out of Jail Free' card. Its all about re-greasing the Wall Street printing press, about validating reckless behavior, & about saying a big 'Up Yours' to the consequences."
