SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (14895)6/3/2004 6:53:44 PM
From: russwinter   of 110194
 
As long as people continue to act on the MoP Land of Oz message like this one (*) GM's marketing apparatchik put out, it may continue like a suspended Wiley Coyote for awhile. I must admit being absolutely astonished though, as I thought May would be a rough month. Instead the Fed just printed up some more money (without BOJ help),
Message 20189585
got the propaganda machine cranked up around "OPEC oil relief", and got people right back on track, lathered up, "whew, close call!", going to Vegas, ordering extra lattes, and buying a SUVie while they're at it. Look how gulliable and erratic the consumer is too, the Rasmussen index fell all the way to 104.7 on May 26, now it's 111.9 today. Has to be a timebomb.

(*)
Consumers are weathering the passing storm related to the temporary increase in fuel prices and voting their preferences by purchasing record numbers of pickups and SUVs," John Smith, vice president of GM's North America vehicle sales and marketing. "A strengthening economy combined with record vehicle affordability allowed consumers to purchase vehicles of their choice.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext