According to legend, if Punxsutawney Phil sees his shadow, there will be six more weeks of winter weather. If he does not see his shadow, there will be an early spring.
translated really means
If Bernanke does not want to see Greenspan’s shadow, then he has got to keep the housing market in tact as a lynchpin to the overall health of the economy. If he is successful at implementing his inflation-targeting strategy, then he won’t see Greenspan’s shadow and the housing market would likely see a soft-landing.
After all, Bernanke’s got much better credentials then Punxsutawney Phil.
[Webmaster’s apology: Sorry, it was a late night post.]