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To: TigerLikesRooster

The Fed indicates a recession is not coming, which contradicts the earlier statement by Goldman-Sachs. Which knows better?


2 posted on 01/10/2008 4:50:49 PM PST by RightWhale (Dean Koonz is good, but my favorite authors are Dun and Bradstreet)
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To: RightWhale
Apparently IMF disagrees, too. I think that they are both counting on the additional rate cut to stave off recession.

I guess they have to keep pumping credits in perpetuity.

3 posted on 01/10/2008 4:57:32 PM PST by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: RightWhale
The Fed indicates a recession is not coming, which contradicts the earlier statement by Goldman-Sachs. Which knows better?

Goldman Sachs doom and gloom economic forecasts lately have conventionally just preceeded major announcements by Ben. I think it is just their way of trying to influence the fed to cut.

4 posted on 01/10/2008 5:06:30 PM PST by Always Right
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To: RightWhale
The Fed indicates a recession is not coming, which contradicts the earlier statement by Goldman-Sachs. Which knows better?

Recall Greenspan's famous gem that you don't know you're in a bubble until after it pops.

8 posted on 01/10/2008 5:37:37 PM PST by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: RightWhale
The Fed indicates a recession is not coming

Since the Fed was created has it EVER indicated that a recession was coming?

46 posted on 01/23/2008 9:28:33 PM PST by Lucius Cornelius Sulla (Mike Huckabee: If Gomer Pyle and Hugo Chavez had a love child this is who it would be.)
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