Comments on: Last car on the roller coaster? http://www.dinocrat.com/archives/2008/03/09/last-car-on-the-roller-coaster/ Fri, 09 Jan 2009 04:45:04 +0000 http://wordpress.org/?v=2.6.3 By: OriginalFrank http://www.dinocrat.com/archives/2008/03/09/last-car-on-the-roller-coaster/#comment-302524 OriginalFrank Mon, 10 Mar 2008 12:49:56 +0000 http://www.dinocrat.com/archives/2008/03/09/last-car-on-the-roller-coaster/#comment-302524 Agreed with bird dog. Look at it this way: the Fed has been continuously cutting short term rates in response to market concerns/panics since August. What has been the effect on long-term rates (e.g., mortgages)? We are not seeing parallel drops. To me this means that the Fed is pushing on a strong. Agreed with bird dog.

Look at it this way: the Fed has been continuously cutting short term rates in response to market concerns/panics since August. What has been the effect on long-term rates (e.g., mortgages)? We are not seeing parallel drops.

To me this means that the Fed is pushing on a strong.

]]> By: bird dog http://www.dinocrat.com/archives/2008/03/09/last-car-on-the-roller-coaster/#comment-302519 bird dog Mon, 10 Mar 2008 01:12:45 +0000 http://www.dinocrat.com/archives/2008/03/09/last-car-on-the-roller-coaster/#comment-302519 Methinks you ascribe too much power to the Fed, Dino. The markets are the horse - the Fed is just a 90 lb. jockey on a rodeo bronco. Markets require downturns, to flush the sludge out of the system. Gotta happen. Methinks you ascribe too much power to the Fed, Dino. The markets are the horse - the Fed is just a 90 lb. jockey on a rodeo bronco. Markets require downturns, to flush the sludge out of the system. Gotta happen.

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