Tuesday, June 7, 2011

It’s His Party

Retail Sales in the EU and German Factory Orders were both better than expected. Well, the ECB will take one look at that and be even more prone to apply the brake.

They’re just no fun these central banker types - except of course Bernanke, whose been on a binge for months. He can’t throw enough liquidity around even though it does no good at home and plenty of harm abroad.


Robert Craven

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