economy versus stockmarket correction, page-8

"Are you going to say that the last few falls have been caused by Cramer and Bear Stearns as well?"

No! but they probably were exacerbated by those who want the fed to cut rates! Banks like Bear Stearns have deep pockets and would take advantage of any opportunity to drive the market lower! The prime lending problem may not be as bad as what is being made out. Particularly, when those doing the talking have an invested interest to drive rates lower. I would expect a more realistic picture of the us economy to be given by the fed on Tuesday.