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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (5335)1/17/2004 12:00:39 PM
From: gregor   of 110194
 
>>Deflation Here We Come<<

that's the trouble with currency fluctuations, one country's deflation is anothers inflation, depending on which way you are looking through the two way mirror.

Likewise the dollar: the current wisdom states that the dollar will rally when our interest rates rise, however European rates might fall first resulting in the same effect. Then again it might be a little of both. In any rate I think if we do have rising rates the steps will be very orderly...bwdik.....
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