ZH - AG was up to old tricks of targeting the markets yesterday.
Thought he'd whack them a bit. After all the commment on this thread about the lack of sustainable recovery or indeed the lack of any serious job creation what chance is there of him putting up interest rates.
Yesterday was a sham. He targeted the Naz in 1999 and 2000 and he broke the back of the economy. Now without concrete signs of a real recovery firmly in place he hints at interest rate rises when there is no inflation and deflation remians a constant threat it is a joke.
Eve nthe bears on this thread will have a hard time arguing that one.
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