Tuesday, August 7, 2007

Helicopter Ben, At It Again.............

This week, Ben Bernanke earns his bacon. The FOMC meets starts today. If he sticks to his guns, a lot of people who invested in these bogus funds are going to get crushed, and the market with them. If he cuts rates, the currency markets are going to take it out on the dollar. They'll say the Fed has no resolve. Inflation in the commodities and metals market will run rampant.

Wow. High drama.

No comments: