HAG: buys! Inflation scare...

As I've mentioned over the last few days, I think Bernanke wants to allow as much inflation into our economy while still maintaining a strong stance against inflation. Once again, the reasoning is that an isolated inflationary episode would help stabilize capital flows, while entrenched inflation would be a trememdous hindrance to growth. It' s a fine line to walk, but the only direction to go. The gold market had already told us we were headed in this direction.

Today, equity markets finally realized that an inflationary episode is in store, and there was worry about the impact this inflation will have on our economy. Reasonable fears. A reasonable reason for the NASDAQ to lose more than 2% of it's value. Still, some people must have overreacted, and System HAG found plenty of stocks to buy.

First off, I must mention that the program bought NVIDIA yesterday.

Today, it buys the maximium 4 stocks: Broadcom, Tivo, Corning, and PMC Sierra.