My New York Minute

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Tuesday, May 11, 2004

Fed moves

well, if you want my opinion, and i know you do.. the Fed STILL isn't likely to make any move any time soon. why? apart from the obvious: no conspicuous inflationary pressures (oil prices being the biggest red herring of them all -- we both know the reason for that) the fed is not much for ANTICIPATING something before it actually starts to shows signs of happening. it's like trying to find the black cat in the dark. they need to see those eyes in the headlights then they pounce on that bitch!

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