SilverLeaf

GSE Bailout Likely Marks a Bottom in Financials

Is it just me, or do Hank's actions (and really, he's a scapegoat too, for the current administration) and words yesterday and today sound VERY bad for the economy. I truly hope you're correct, that this signals a bottom in Financials. However, the risk of high unemployment, low wages, increasing interest rates, high inflation, greater poverty/crime, greater income disparity, have increased greatly, with this move.