Link contains the Quote of the Day:
"When the market rallies because the Fed says the economy is weakening you are in trouble."
I would disagree with some of the comments in the link however. For example the notion that the Bernanke FED is "less predictable" that the Greenspan FED.
Greenspan was in a sweet spot as Bubble-maker-in Chief. Bernanke is cleaning up the bubble mess that Greenspan left behind. If Greenspan had been a bit LESS PREDICTABLE we might not be in the current mess! And it was the Greenspan FED that kow-towed to every whim of Wall Street. Being cowed by the likes of Cudlow and Kramer on Tout TV.
With oil soaring NO MATTER WHAT. And the twin deficits eating away at the American macroeconomic fabric like an acid...what else can Bernanke do but battle to save the dollar that Greenspan and Wall Street trashed over many many years of Bubbles.
The Greenspan Daze are over! Only Wall Street doesn't quite believe it yet.
