Fed action today could only mean one thing...
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  Fed action today could only mean one thing...		 « previous next »
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Author Topic: Fed action today could only mean one thing...  (Read 647 times)
Swing low, sweet chariot. Comin' for to carry me home.
jmfcst
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« on: November 30, 2011, 11:40:14 PM »
...that we were on the verge of another Lehman event (this time in Europe) and the Fed moved to help a major entity from becoming insolvent.

Course, what the Fed did was only buy some more time of a couple of months.  2012 is going to suck big time.
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Sam Spade
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« Reply #1 on: December 01, 2011, 12:04:30 AM »
My suspicion as well. 
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Wonkish1
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« Reply #2 on: December 01, 2011, 01:49:10 AM »
A lot more than 1 entity.
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courts
Ghost_white
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« Reply #3 on: December 01, 2011, 11:12:21 AM »
^^^
I'm thinking we may be looking at an extra holiday this season, if you catch my drift.
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