Join Date: Dec 2062
Location: Suburbia, Texas
Re: Very surprised at the stock market
Actions by the Fed? What do they have left? That's the real danger, they have no cards left to play. Liquidity isn't an issue. Business credit availability isn't an issue, no matter what people say. If the Fed pumps more and more liquidity into the economy as a result of the current slowdown in growth, then you'll have an even higher spike in commodity prices. The inflation hawks are (rightfully) growing more influential within the Fed, anyways. May God help Richard Fisher find the Chairman's seat.
The sky's not falling, but I wouldn't place too big of a bet on things being peachy in the investment world towards the end of the year.