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At Aleph Blog, I will argue for things that are against my short-term interests. After all, the higher stock and bond prices go, the higher my income goes in the short run. In the long run, that's not sustainable.
I am here this morning to criticize the philosophy of Alan Greenspan that had the FOMC doing the bidding of the stock, bond, and futures markets.
Don't disappoint the markets.
Give the markets what they want, and everything will work out well.
Flag the markets to tell what your intentions are.