Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||FOMC Minutes: RED ALERT!; entered at 2011-02-16 14:29:20|
Registered: 2007-11-06 Philly - FEMA region 3
Bernanke is hoping up and down in the birds nest trying to smash the swan eggs but he is actually in the wrong nest. What's that honking noise? Why it's the mighty blackswan ready to peck Ben's eyeballs clean out of his sockets!|
God help us.
I like this from the kunstler dude..
It is true that the stock market only goes up. And then, one fine day, a large, angry, long-necked bird unfurls a set of elegant black wings and goes honking off into a red sun, and suddenly you are in a new realm where the stock market only goes down... and certain sovereign bond rates soar with that angry bird... and things Too-Big-To-Fail fall on their asses and fail... and everything changes.