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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: philv who wrote (4300)1/2/2004 4:59:00 PM
From: mishedlo  Read Replies (1) of 110194
 
Lots of talk on the tube lately about increasing interest rates. However most are not forecasting FED increase until after lst quarter. Pressure is definitely building as the US dollar declines.

Good.
Let it build.
There will be one hell of a snapback as soon as the FED comes out and says what no one believes: Rates will stay low for a considerable period. If Eurodollars remain depressed heading in to next FOMC I am buying more.

Mish
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