tag:blogger.com,1999:blog-2335748440449035592.post2372132001948809908..comments2007-10-16T15:22:03.972-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-50470677020383641222007-10-16T15:22:00.000-04:002007-10-16T15:22:00.000-04:00If we go into recession or not, is an open question. Even if we go to 1% GDP growth with inflation rearing its head, it won't be nice for us. <BR/><BR/>As for Ben, he (they) will cut, period. The drumbeat will start leading into Halloween, louder, day by day, we must have one... we must have one... and then will he risk shattering confidence in the equity market to have morals? Nah! I am being a bit facetious but you would not be creating $100 billion self bailouts (creating your own customer) if everything was going smoothly. The key words he said to me was inflation is contained. Thats the green light. They will 'take care' of issues such as inflation and destitute dollar another day. See what you do in rolling fires and bubbles is put out the most troubling fire first which at this point is our whole financial system based on overleverage and risk - if that goes, the whole thing goes - so inflation is a boogeyman that can fixed "someday later" - plus that is something that affects everyone, we need to take care of the rich speculators first, they are first in line ! :)TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-85808000706709669022007-10-16T15:07:00.000-04:002007-10-16T15:07:00.000-04:00What do you make of the "not so weak" economic data though? .. I think Helicopter Uncle Ben will wait until he decides to cut it in October meetng.. Whats your opinion on the stronger data that gives me a sense of confidence that we are not heading for recession per se..AJhttp://www.blogger.com/profile/16592096680634166945noreply@blogger.com