“Winter Is Coming” – Wall Street Economists At Work

It’s that time of year again…

When angry mobs of Americans trample one another for the very last Victoria’s Secret thong, when the world over-indulges, over-consumes, and over-stimulates… And of course…

It’s the time of year when Wall Street’s best paid and brightest are forced to admit their utter cluelessness…

As Reuters shows, the last two years have been extremely embarrassing for the so-called professionals…

Of course, blame-mongery will be rife:

So, what will the excuse be this year – since there is no way anyone could blame The Fed?

Charts: Bloomberg