2008-07-22

The lemmings are following the Fed

The Fed is talking the USD up, and it works (for how long? probably not longer than tomorrow, or the day after tomorrow, or the end of the week, given all the macro figures that are going to be released this week) the lemmings are following - but just don't forget the most of the time, the lemmings don't see the abyss...)

2 comments:

BB said...

I like the comparison to the lemmings, especially since it's just a myth that they jump off cliffs to their suicide. That a Disney documentary crew enticed them to jump is apparently the real story. It almost seems twice as fitting.

pej said...

Haha, yes this is quite ironic :-)