Misguided concern

The other day I commented on Trichet's news conference. Briefly, I just felt that Trichet was more concerned with image then anything actually real. Sort of reminds me of the equity markets right now. The rise we are having is based on nothing more then rhetoric and hope.

So I am reading my MarketNews headlines today and I discover that the Obama administration is not the only (unqualified) official to talk about the behavior of the markets...Check out Trichet's market analysis in this short newspiece I uploaded in pdf format.