Federal Reserve Wanking

August 17, 2007

 

The Fed is clearly involved in market manipulation at this time. What else is new?
The recent injection of over $62 billion into the marketplace doesn’t seem to be working, so now they tune to the chord of interest rate manipulation.
This will be interesting how this monstrosity of complications plays out.

Not for the faint of heart- there is a high chance of a short-term recovery of major world markets to 10% above current levels, led by the DOW.

Safest action- stay aside and let the carnage continue. Those who hold cash will be heavily rewarded once this plays out as the buying opportunities will be aplenty.

Stay tuned
BC

Advertisements

Bloomberg- JPMorgan Plans to Add 40 People to Commodity Trading
http://www.bloomberg.com/apps/news?pid=20601087&sid=
aaNRk.8NMEV8&refer=home

Marketwatch -Dow Jones
Mortgage reset ‘tsunami’ could end up an economic ripple

http://www.marketwatch.com/news/story/mortgage-reset-
tsunami-could-end/story.aspx?guid={ECEE333A-22A2-4E
CD-8C69-5ED431190A9E}&siteid=myyahoo&dist=myyahoo

N.Y. Times-
Crisis Looms in Market for Mortgages

http://www.nytimes.com/2007/03/11/business/
11mortgage.html?hp

Wall Street Journal-
Dow plunges over 500 Points in a single session-

http://online.wsj.com/article/SB117257990215820565.html?mod=djemalert

the real estate bust..

February 26, 2007

Bloomberg-
Toll, Centex, Lennar Join `Moron’ Speculators in Land Grab Bust

“http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aA90FVv3DDrY”>

Ethanol Demand Could Raise Consumer Prices

http://www.realcities.com/mld/krwashington/news/columnists/
kevin_g_hall/16545150.htm

    If you haven’t read the book “The Omnivore’s Dilemma” now is the time to muevo tu coolo and get it.