The Epic American Credit and Bond Bubble Laboratory Message Board

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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 5:11:00 PM
From: Crimson Ghost	Read Replies (1) of 110194

The consensus is going to be wrong not on the timing of the next hike, but how high rates will go. Fed funds at least 2% by election time IMHO (actually by late summer since they will not hike too close to an election) and 3-4% by early 2005. Either that or the dollar will be little more than toilet paper and double digit inflation will be on the horizon. A great day to be short the long bond!

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