Whenever I am way off the mark I take a step back, watch and think. It is hard for me to be this way off the mark with respect to the Fed. I was wrong, and I mean WAY wrong on Bernanke’s and the Fed’s decision on how their decision (1,2,3).
When I am this way off I figure that I must have missed something. I must have not considered a certain factor. Thus I need to see how things play out. And what I privately feared with the 50 basis cut is coming true. I thought that they would not cut 50 basis points due to the ramifications of a weak dollar.
2 comments Sunday, Sep. 30, 2007
by Christian
