The Topsy Turvy Economy
The news is that the Fed is now more worried about deflation. Of course their solution is to print money in a different way in the form of buying up Treasuries. It will be interesting watching this unfold over the next 6 years. Here’s a good article that explains: http://www.nytimes.com/2010/07/30/business/economy/30fed.html * * * THE MARKETS US Stocks – Short term trend remains down. The next down-draft is expected to be sharp with the Dow falling several thousand points. Downside potential … Continue reading →