As Rick Santelli said the market has Bernanke on the ropes and Bernanke does what the market wants. Well, now the USD has strengthened against the EURO people are starting to strong arm the ECB. Quotes are, “The ECB is behind the curve.”
Well traders, investors, hedge funds get ready for a rude awaking. And more importantly if the market believes they can strong arm the market then we have a perfect storm and it will be bad for the financial sector in America. This is why I am not touching the American financial sector with a ten foot pole.
3 comments Wednesday, Jan. 23, 2008
by Christian
