Jamie Coleman must read

Jamie Coleman: I had two former bosses who were great traders. Both were extremely analytical and pounced on opportunities in a big way and added to winning positions...
Joshua: Ta Jamie. Given that being priced in, I am strongly leaning to the less-QE bias when trading over medium term in risk/reward sense. Can the fed really do more...

■JR on October 14th, 2010 14:42 GMT
lower rates help cushion the blow to homeowners of crashing prices- and mortgages they can’t afford. but job losses plus higher food and gasoline prices isn’t good for the general economy. the fiscal side of the equation will have to wait until a new congress is in place. and then pork can fly from sea to shining sea. tax cuts would help too. given the nature of this collapse, they’d be remiss if they didn’t try anything and everything to reflate the economy and get people back to work. jobs are the only thing that’s going to turn things (housing, retail, economy) around. the big boys are holding out, and holding the economy hostage, until they get tax cuts. give it to them and get it over with…