The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SeaViewer who wrote (9698)	3/8/2004 1:04:00 PM
From: mishedlo	of 110194

Inflation is in a full blown out phase. Feds is way behind curve. If AG&Co. don't raise fund rate quickly, a lot of small- and medium-size manufactures will go under as they can't absorb the high cost. So little manufacturing is done here that the job loss for protecting jobs that are probably doomed anyway is no where near the job loss that would result from a housing collapse if rates are hiked. Quite simply it is way way late to be hiking and the FED is trapped. Look at treasuries and eurodollars today. I expected some consolodation. We got none. Job market is simply too too weak to hike. As I pointed out to Russ, using the PPI as the most important indicator is not correct. Mish

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next