Thursday, November 08, 2007

Bernanke says slowdown - big turnabout

Bernanke spent all summer sayingthings in the US were fine. Now he says things aren't.
Considering the trend of statements, the reality is that in 3~6 months he will say that we are facing a severe recession.

Expect the markets to be very unhappy and in turmoil, for more than 1 day.

Stay tuned

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