And the chatter continues. Today, Bernanke told us that the Fed will change on a dime if his assumptions of a transitory boost in US inflation is incorrect. (Whatever that means :)
Currently, the only thing holding down inflation is housing. But I think that is going to change.
(Over the past few weeks I have been looking at houses with the wifey, and while there are plenty of houses on the market, people are buying. I saw three houses in two weeks. Two are now signed for.)
Curious to see the housing data over the next two months.
Needless to say, I maintain the thesis of the market thought post 'reality'.