Wednesday, March 7, 2007

Bernanke: Fannie, Freddie threaten economy

Fannie and Freddie are not only dangerous to the economy for their undisciplined business practices, with 1.4 trillion dollars, they could conceivably move market sectors. In a world with increasingly fewer places to grow cash I suspect this kind of investment game is not beneath them.
There are plenty of small fish out there who can be suckered into the stock market only to have the rug pulled out by deep pocket players such as these.

You might be thinking; ‘ya, but somebody would spill the beans’. $1.4 trillion can buy a lot of ‘co-operation’. There is still money to be made out there for the small investor but if you are playing the market you should factor in these possibilities and play accordingly.
Vern

This from CNN Money
http://money.cnn.com/2007/03/06/news/economy/bernanke.reut/index.htm?cnn=yes

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home

Industry Blogs Real Estate Blogs - Blog Top Sites