It’s FOMC rate-setting release day, so it’s time to tirelessly tout my “Instant Ben” Federal Open Market Committee press release generator. I just ran it moments ago, and I’m fond of one of the sentences generated:
The Committee knows someone whose psychic told them that a bountiful
stance of monetary policy, coupled with dizzying underlying growth in
Tiger Woods game, is providing worrisome support to economic activity.
However, the whizzy change of Web 2.0 conferences has moderated gold
prices, moderated analyst estimates, and decreased equity and debt
markets. These developments, along with the confused stance of monetary
policy and ongoing rapid increase in high-beta stocks, should foster
bolstered economic stability over time..
Sure. Right. You said it, Instant Ben.