Sep 22, 2013

Cory Diary : Second Guessing Fed

People have short memory. Never fight the Fed. I would add Never second guess them. Fed needs to show the world or Americans that they are worth their salary and positions. What's the point if any Tom, Dick and Harry can predict their moves ? They will lose FACE even if they are right !

Interest rates will be remain low if Unemployment exceeds 6.5%, and the Inflation Outlook no higher than 2.5%. Let's see who "Blink" first. We are at inflection point.

22nd Sept'13

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