The link says that an interest rate cut is inevitable in the spring... Why?
Because of todays inflation report on consumer goods...
Yet, the dollar continues weak and oil is going up...!
The biggest problem with Wall Street now is that it's operating in a spin bubble...anything and everything is spun into a rally...bad news is good, good is good, no news is good...
Ya can't beat that... This market is going to rally for the rest of "bonus season" and into next year's "January Effect"....WE HAVE ANOTHER BUBBLE!
AND BERNANKE HAS ONLY HIMSELF TO BLAME... LIQUIDITY LEVELS ARE SIMPLY TOO HIGH...AND THE FED SHOULD NEVER HAVE QUIT RAISING RATES...
WHEN THE CURRENT BUBBLE BURSTS...IT COULD BE THE DOOMSDAY SCENARIO FOR THE DOLLAR THAT HAS BEEN PREDICTED FOR DECADES...AND, IT COULD HAPPEN THIS SPRING...WHEN A LOT OF OTHER FACTORS ARE CONVERGING IN THE MARKETS...
