the argument goes both ways. is the pro intervention crowd interested in short term solutions to longer term systemic problems?
will be no fed if RON PAUL gets elected. who are these guys to bail out these investment houses how about the suckers who took these mortgages and are not really qualified and are going to lose their homes? Also imagine how bad things must be that all the central banks are putting more liquidity in the system
It may sink in that the fed is panicky, so Joe Investor will panic too. Sure, the announcements, today, created trading opportunities, but with the fed accepting mortgage backed securities as collateral smart people may realize that something is wrong, long term.
LOL, Joe Investor has no clue and has already run for the hills - check out mutual fund flows lately if you don't believe me...
They certainly don't have the best track record as far as market timing goes, lol. Like a bunch of f'ing cows...MOOOOOOO!!!!