Chris Ciovacco says, "Apparently, from the Fed’s perspective, things must already be “really, really bad”. If the Fed felt the economy was in the process of bottoming, they would not be taking this radical step now." Dr. Bernanke went on 60 minutes and told us that the economy would recover at the end of 2009 IF we get the banks financial system stabilized. Now I ask you, is massive printing of money an indication of stability? Nah....
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