Posts Tagged ‘ Uh ’

Heads in the Sand – Professional Edition Fed Report

January 30, 2011

I speculated last week that the Fed would insert words in the FOMC statement recognizing that commodities inflation is a problem. Silly me, I thought that, in doing so, they would lay the groundwork for winding down QE2. Instead, they stuck their heads up… uh… in the sand, pretending that this inflation doesn’t exist...
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Con Con Surprise, No Surprise

By Lee Adler

February 23, 2010

It’s odd the way the players pay attention to some numbers and not others. There’s no reason why the market should have been surprised by the ConCon. ABC News does a comprehensive consumer confidence survey weekly that always foreshadows the ConCon. Last Tuesday ABC had this to say:
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Beaten Into Submission – Professional Edition

By Lee Adler

June 10, 2009

What can we say about this market that hasn’t already been said? Uh… How about a 13 week cycle that’s trying to turn up is in a standoff with a 6 month cycle that’s trying to turn down, and they’ve beaten each other into submission. No one has enough left to score a knockout...
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