Monday, August 20, 2007

What Greenspan has wrought ... the current market environment

Barry Ritholtz at the Big Picture has exactly nailed the problems that the Fed faces in attempting to manage this market so that things remain orderly. Rather than re-iterate them, I direct you to Barry's posting.

... Pay particular attention to the "while avoiding" part of the posting, and try to think how you can construct your portfolio to take advantage of those very distinct possibilities.


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