The Mudcat Café TM
Thread #112664 Message #2389596
Posted By: Donuel
15-Jul-08 - 10:33 AM
Thread Name: BS: Nationalize Freddie&Fannie NOW
Subject: RE: BS: Nationalize Freddie&Fannie NOW
Popcorn has inflated to twice its cost of 6 months ago. The popcorn indicator rules!
Bernenke is now delivering the worst news possible with his prediction of a multiple year problem of recession and inflation. Long term bad. Short term bad. Significant challenge ahead. High degree of uncerntainty.
the market has dropped 200 so far with 6 hours to go. Trading might be halted but that bandaid could only make it worse.