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This could cause a market crash

Romney Calls For Fed Audit As Party Mulls Platform Plank By Lisa Lerer and Julie Hirschfeld Davis – Aug 20, 2012 4:57 P

 

.Republican presidential candidate Mitt Romney renewed support for auditing the Federal Reserve, wading into an issue that threatens to spark a fight at his party’s national convention next week.“The Federal Reserve should be accountable,” Romney told thousands of voters at a campaign rally today in Goffstown, New Hampshire. “We should see what they’re doing.”

via Romney Calls for Fed Audit as Party Mulls Platform Plank – Bloomberg.

I’m worried about a lot of things but none more dangerous for the market than rising interest rates in a week economy.  The mere hint of the Fed losing its dual mandate could cause no, let me state that emphatically, will cause the market to crash.

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