Fed to Markets: No More Promises -- Update
After Fed comments sent stocks soaring last week, economic realities began to settle in.
UPDATE: New 'Liar's Poker': Is Wall Street lying, manipulating or just too greedy?
On December 13, my morning was boring enough that I watched former Fed Chairman Alan Greenspan make an appearance on a show that has earned the soubriquet, Meet The Depressed. Like most prognosticators, the once Sphinx-like Greenspan's reputation has taken a bit of a hit recently. But since he is a ...