Bulls Back On Defense As Stocks Point To Early Weakness
rich
richard.romeo at gmail.com
Thu Mar 19 13:30:26 CDT 2009
essentially our answer to the problem is.. to just print more money
weakness didn't happen because the fed bought up to $1 trillion worth
of treasury bonds, but its balance sheet is now heavier than a
hash-filled head (I know old news)
(the fed, representing the gov't is buying up monies floated by self-same gov't)
short-term stability, long-term rectal fear of inflation and the yuan
that's the only thing the US is good at--paying someone off (see Major
Marvy in that whorehouse scene. oboy)
a beautifully layered creationless self-suck
inflation has to be good for something, no?
rich
On 3/18/09, Robin Landseadel <robinlandseadel at comcast.net> wrote:
> From today's Barron's:
>
> U.S. equities are expected to trade lower from the opening of
> the session Wednesday in another threat to the durability of the
> recent rally, as investors await the latest from the Federal
> Reserve’s policy-setting board, and watch the drama of
> American International Group (AIG) unfold like the black humor
> of a Thomas Pynchon novel.
>
> http://blogs.barrons.com/stockstowatchtoday/2009/03/18/bulls-back-on-defense-as-stocks-point-to-early-weakness/
>
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