WE HAVE A DOOMSDAY SCENARIO HERE...
BERNANKE SIMPLY CAN NOT...NOT!...LOWER RATES UNDER THESE CONDITIONS!!
THE NOTION THAT THE FED IS GOING TO LOWER RATES SO THE STREET CAN HAVE ANOTHER RIPPING RALLY...TO EVER GREATER HIGHS...IS JUST NUTS... TOTALLY NUTS!
THE STREET IS IN FOR A RUDE AWAKENING!!
IT WOULD BE MALPRACTICE FOR THE FED TO LOWER RATES WITH THE DOLLAR PLUNGING AND GOLD AND OIL SOARING!! NOT TO MENTION OTHER COMMODITIES...
PEOPLE ARE FLEEING THE DOLLAR'S INSANITY...IN WASHINGTON...WALL STREET...AND IN IRAQ AND AROUND THE WORLD...
I FEAR THAT THE FED WILL LOWER RATES...BECAUSE THEY HAVE BEEN BACKED INTO A CORNER BY THE LIKES OF CRAMER AND CUDLOW ETAL...
IF THE FED LOWERS RATES...GAS WILL GO TO $4 PER GALLON...ALMOST OVERNITE...!!
AND THE BOND MARKET WILL CRASH...AS CHINA DUMPS...AND OTHERS PILE ON...
