Only a Minor Slowdown . . .
Perfect!
Tom Toles via WaPo
~~~
Thursday, June 19, 2008 | 04:30 PM | Permalink
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Comments
Haha. Even the comic writers know that the Fed has simply blown another bubble.
Posted by: super-anon | Jun 19, 2008 5:39:13 PM
Is it just me or is this Fed completely laughable? First, they started talking tough on inflation. Then the markets start reacting to that tough talk. Now the Fed say (basically), "No wait guys, we were JUST kidding!"
I guess it just goes to show what a difficult spot the Fed is in..
Posted by: Big E | Jun 19, 2008 5:44:05 PM
In may and june, the volume of trading in financials is very high, while the value descent keeps steadily mild/quiet since BSC went down :
http://tinyurl.com/5h3puk
What would this volume takeoff mean?
Posted by: michange | Jun 19, 2008 5:45:34 PM
Toles is genius.
Posted by: wilson | Jun 19, 2008 7:40:18 PM
Gold looks ready for a resurgence.
Posted by: DL | Jun 20, 2008 12:33:26 PM
