February 5, 2013 – Quote of the Day

“I look at the Fed and think we’re partying like its New Year’s Eve, 1999. We’re drinking booze, and taking tequila shots. They have the pedal pressed so far down, I know it’s going to end badly. When rates go higher, they are going to go so much higher than people anticipate that there will be significant collateral damage,” said Joe Lavorgna, Deutsche Bank Chief Economic.

Drinking Shots

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