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Monday, June 23, 2008

Adding to gains up over 3 points. To me its got to be the strength in the dollar. Sure ain't the financials cause they are down. Maybe its big energy but we have lots of days when those stocks have soared without us. So its got to be the dollar.

Dear Ben Bernake,

Be a lamb and raise the fed funds rate by 25 basis points.

yours

mlp holders

2 comments:

Anonymous said...

Joe,

I would like to see the Fed jack fed funds, but we know that they'll telegraph the move months in advance. This Fed goes out of its way to never surprise the market. Bring back Volcker!

Mr Pipes

joewxman said...

fire a shot across the bow...or something.