Click on image to watch me on CNBC.
Like this:
Like Loading...
Tags: 2/10, Fed, Jackson Hole, precious metals
This entry was posted on December 15, 2010 at 9:37 pm and is filed under Federal Reserve. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
December 16, 2010 at 11:31 am |
Yra, is it fair to take your statement that the Fed would likely intervene agressively on the long end as a product of say, a consensus overshoot on a GDP number? Of course, this assumes an interpretation by the general market of growth as the main driver of equities, whereas a more refined perspective may consider their strength a product of the continual liquidity blasts.