May
7
2008

If It Smells Like A Recession…

The “only” thing that has kept this economy going is the housing run-up caused by the Fed’s manipulation of interest rates lower causing consumers to find new money via equity from their homes and now the only thing keeping it going is massive infusion of the money supply by the Fed which is propping up the stock market…again.

How long can the game continue is the only question….

Read More0