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  • Bernanke: Same Old Play Book [View article]
    Jeff,

    Exactly what I'm thinking. It seems the ECB is already "priming" the markets with Trichet's latest comments about tightening up a bit.


    On Nov 08 11:09 AM JeffDB wrote:

    > I personally think it would be a good move and would still be consistent
    > with their promise of interest rates that are "exceptionally low"
    > for "an extended period."
    >
    > It would unsettle the markets, but there has to be some sort of exit
    > strategy and taking baby steps now might hopefully reduce the possibility
    > of more drastic steps later.
    Nov 08 23:48 pm |Rating: +1 -1
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