Thursday, February 7, 2008

Don't Ask Why Sightings

We have all heard about the sub-prime mess and the liquidity problems it has supposedly created. Well, as in all things financial, you can always find reputable positions on both sides of an argument. Check this out, Warren Buffett says we are not in a credit crunch, that money is plentiful and down right cheap.

Next time you read an article on gloom and doom for the financial market and how it will take years to work off the problem, take it with a grain of salt. And while we "don't ask why" the markets behave the way they do, we are allowed to ask why people say the things that they do......

No comments: