Is it ironic that after the G7 and to some extent the G-20 have pledged to work together to restore faith in the markets and on the day the Fed meets, a 2-month short selling ban goes into effect for Greece and South Korea?
Now there's rumblings of banning rating's in some EU countries.
I think it's just about as interesting as the Fed's meeting over a week ago on Friday with the 20 Primary Dealers (Major Wall Street firms) and the fact the sell-off really started the following Monday.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment