FBD
02-01-2012, 12:48 PM
:lol: how ya gonna spin that one Obama?
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http://www.zerohedge.com/news/latest-congressional-budget-outlook-2012-2022-released
"What do the NAR, Consumer Confidence and CBO forecasts have in common? If you said, "they are all completely worthless" you are absolutely correct. Alas, the market needs to "trade" off numbers, which is why the just released CBO numbers apparently are important... And the fact that the CBO predicted negative $2.5 trillion in net debt by 2011 back in 2011 is largely ignored. Anyway, here are some of the highlights."
"Don't waste time reading this: none of what is predicted will actually happen. But at 165 pages it makes a good paperweight."
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http://www.zerohedge.com/news/latest-congressional-budget-outlook-2012-2022-released
"What do the NAR, Consumer Confidence and CBO forecasts have in common? If you said, "they are all completely worthless" you are absolutely correct. Alas, the market needs to "trade" off numbers, which is why the just released CBO numbers apparently are important... And the fact that the CBO predicted negative $2.5 trillion in net debt by 2011 back in 2011 is largely ignored. Anyway, here are some of the highlights."
"Don't waste time reading this: none of what is predicted will actually happen. But at 165 pages it makes a good paperweight."