with Oli | Strategies


FED prolongs the consolidation …

Fed sparks interest rate fantasy again … inflation does not matter to them at the moment …

As current inflation is already higher than interest rates, bonds rather act as a hedge to equities only.

Fed revised economic forecast by 0.5%, still going for 2008 growth up to 2% … hope they will not have to revise it soon again.

At least they spark hope among equity buyers … falling interest rates and still growth ;)

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