Likely using Jon Hilsenrath at the WSJ as their mouthpiece, the WSJ is reporting: “Federal Reserve moving closer to action to spur growth”. “Bond buying, rate guidance, lower reserve rate among Fed options.” “Fed could make key decisions next week or in September.”
PERMALINK
http://www.ritholtz.com/blog/2012/07/fed-plant-in-wsj/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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