Market's confidence in Fed has rarely been higher
This is an ironic statement. Whenever the FED sneezes, the market dips by a hundred points and goes on a rollicking romper room ride. That's confidence? What's disbelief then? Why does Bernanke have to defend the FED's bond buying if the market is confident?
Ireland aid plan due next week as spread fears persist
Fearing fear is no way to live. As I've mentioned yesterday, Ireland will be bailed out and they'll get everything they need. They're on the dole and on the hook with the IMF and the ECB but this is a "good" thing. Ignore the noise.
China Policy Tightening Weighs on World Markets
Ever get the feeling that something's really wrong with the world? That good news is bad and bad news is good? Read that headline again and realize that good news is rendered bad news.
No comments:
Post a Comment