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whidbey's
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Good review. I am a little concerned that the Fed may use all of its bullets before the consumer is aroused to spend. In short, caught without visible means of effecting policy.
Oct 07 19:11 pm
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All Comments by whidbey »Bond Expert: Tuesday Wrap [View article]
The treasury bonds are also presenting problems since they will grow in quantity over time and be forced up in yield. Will the depressed economy off-set the growth in money supply? Not likely but what is the bias?