Tuesday, November 17, 2009
The Federal Reserve: Buy stocks, take risks
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!
Posted by Palmoni at 9:02 AM