The Fed's painfully aware of this, and that's one of the better reasons they try to telegraph what they're doing, so people don't get caught. The institutions that have taken decisions that might put them into harm's way are probably fewer.
More Quotes from Lakshman Achuthan:
The continued weakness in a number of components of the index suggests that it's more than just high oil prices that are ailing the economy.Lakshman Achuthan
How much better is the Corvette today than 30 years ago What is that improvement worth It's not worth zero.
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Rising home values are making people feel they don't need to save.
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One of the things recessions do is uncover weak links. When you're in a strong economy, a bull market, you can paper over a lot of things. When you get under some strain, these things show up.
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The current inflation story is a little different story than the type of inflation story you had thirty years ago.
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