They really have done it … the FED and its friends will virtually take over Fannie Mae and Freddie Mac … this is HALF the U.S. mortgage market … WOW … we talk here about 8 TRILLION DOLLARS …
What will happen now???
First: ALL TRUST in the U.S. Government and the FED should be lost […]

If (!!!) you wondered, what made the market come back a bit today … what made bonds coming off … what made Fannie Mae and Freddie Mac tank towards the end …
Here is the explanation … coming in an article of the WSJ , the mother of all insiders
Monster manipulation … sizewise … […]

S&P, Dax and Eurostoxx traded a new correction high …
and by doing so, all 3 fulfilled their minimum targets …
Now it will be interesting to see, how markets fare over the next days.
Reactions to OBVIOUS things like Freddie Mac and AIG losses make it more likely to give the command back to the bears […]

And we keep on rollercoasting …
Situation:
U.S. Markets: Gained around 1.5% on interest rate cut hopes as consumer confidence was very week and Goldman and Merill both said that rcession risk higher than thought before. And as oil comes down a bit … this as well is (suddenly) thought to be positive *smile* The Citibank […]