User 161034

Dose of Market Reality: Take Defensive Measures

Gordon, so you suppose those TAF's (Treasury Auction Facility) might also launch an opposite TAF action (Taxpayers Against Fraud) ?

In any event, the banks may use this Fed largesse to shore up their balance sheets, but that alone cannot sustain the economy - - - the consumer is hurting, and any market "windowdressing" will have very short life. (just MVHO)