Tuesday, November 17, 2009

The Federal Reserve: Buy stocks, take risks

And that's the message. It's not the message of Roubini, Meredith Whitney or any other of the perma bears.

It is to buy.

And any interest rate increase has been pushed off until Sept 2010 in the pits.

You want the message of the markets? The Fed is the market. And their message is buy.

And last I checked, their fiat pocketbook is bigger than anybody else's.

So why does everyone ignore the message of the market?

Because they don't want people to ignore theirs!

 So here's something to go with bears who are smoking the green shoots of the market to deal with life.

Remember, you've been told!

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