Thursday, April 09, 2009

The $3 trillion question

MANIFESTO

Is the VIX showing signs of a higher market? Here's one person who thinks it is.

Still,
The Federal Reserve no longer sees signs of recovery this year from a prolonged recession and only weak growth in 2010, minutes of a policy-setting meeting said.

Despite massive interventions by the Fed and other government bodies to jumpstart the moribund economy and unblock tight credit, policymakers at a March meeting viewed grimmer projections than those made two months earlier.
Perhaps a severe divergence between Wall Street and Main Street is pending.

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