Why do institutions keep doing the exact samething? Yen trade back on. check. EEM rally check. Sell any volatility check.
I'm going to put a pic of bernake above my desk so i can through it at him. Seriously, we have an inflation problem what the fuck is wrong you? There is more money then ever before still outthere and you refuse to do anything. You run the fed like a college professor runs a faculty meeting. A lot talking, maybe form a couple of commitee's, talk to the provost. blah blah.
On the other hand how much more panic are global markets going to get without an accident or an act of God.
And Larry Birhead is the father. awesome.
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