That's pretty funny - I imagine inmates in prison give knowing nods whenever they hear the Humphrey Hawkins testimony on jail c-span, having heard the warden give the incarceration equivalent.
PS- Thanks for the kind comment on my blog - Means much.
It is important to realize that the Fed has never gotten the tightening cycle right.
It is important to realize that the Fed has never gotten the tightening cycle right.
It is important to realize that the Fed has never gotten the tightening cycle right.
[W]e have no idea when the Fed will stop raising rates.
[W]e have no idea when the Fed will stop raising rates.
[W]e have no idea when the Fed will stop raising rates.
What gets the Fed to stop tightening is recession.
What gets the Fed to stop tightening is recession.
What gets the Fed to stop tightening is recession.
It is not impossible (that they won't raise too much). But it would be the first time in history that it's actually happened.
The curve is on the verge of inverting (meaning short-term rates exceed long-term rates). The reason that is important is every time that has happened, you have had a profits recession.------------------
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Close this window Jump to comment formThe Chairman of the Fed is the Warden of the world's largest debtor prison. If you doubt this, try to get a passport when you owe taxes.
Monday, December 19, 2005
That's pretty funny - I imagine inmates in prison give knowing nods whenever they hear the Humphrey Hawkins testimony on jail c-span, having heard the warden give the incarceration equivalent.
PS- Thanks for the kind comment on my blog - Means much.
Monday, December 19, 2005
LOL...funny, guys!
hey, wait that's no joke!
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gi, well deserved; you had me in stitches!
Monday, December 19, 2005