06-18-2009, 09:22 PM
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Learning Investor
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Join Date: Jun 2009
Location: Atlanta, GA
Posts: 21
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Quote:
Originally Posted by inthemoneystocks
The Carrot Effect is what I call the ability of the administration to keep the markets always looking for the next bailout, the next announcement or tidbit of news. By doing this, they keep the markets always looking towards the next positive event, keep the buyers long and the shorts fearful or on the sidelines. It has been pure genius. There is always some sort of presidential speech, Treasury announcement or Federal Reserve statement. If Tim Geithner is not speaking, President Obama is speaking. If President Obama is not speaking, then Ben Bernanke is speaking. If none of them are speaking, you better believe a bank CEO is making a positive announcement, an upgrade is coming or a massive suspicious "buy program" is hitting the markets.
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This is a very good description of exactly what is going on. Nicely explained! |