Monday, December 13, 2010

Painting the Tape

In violent times
You shouldn't have to sell your soul
In black and white
They really, really ought to know
--Tears for Fears

I remember a time when articles like this would have raised some eyebrows. No more.

It's now 'common knowledge' that the Fed 'wants' markets higher.

Uncle Ben wants you (to take risk even though you think it imprudent). Just make sure you have a seat when the music stops.

position in SH

1 comment:

dgeorge12358 said...

As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past.
~Timothy Geithner