Maybe I should make an economic page so I don't clutter up this one? In any case, I think this article from Bloomberg last year is an important history lesson: Bond Vigilantes Who Gave Bush a Pass May Ambush Obama or McCain."You mean to tell me that the success of the economic program and my re-election hinges on the Federal Reserve and a bunch of fucking bond traders?'' Clinton raged at aides.... Yes Mr. President, yes it does.
To come back to the present week: Auction Results: Less Than Festive. I know the equity markets are way up, with the Dow, Nasdaq, and the S&P all threatening to break through important resistance levels - but it just can't last. Eventually I'll be right! :-)
why dont you just put them on the politics page?
Okay, will do.
I sadly think you will be right.....
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To come back to the present week: Auction Results: Less Than Festive. I know the equity markets are way up, with the Dow, Nasdaq, and the S&P all threatening to break through important resistance levels - but it just can't last. Eventually I'll be right! :-)
- jim 7-31-2009 4:21 pm
why dont you just put them on the politics page?
- dave 7-31-2009 4:24 pm [add a comment]
Okay, will do.
- jim 7-31-2009 4:29 pm [add a comment]
I sadly think you will be right.....
- Skinny 7-31-2009 5:14 pm [add a comment]