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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Chispas who wrote (6383)1/29/2004 7:52:03 AM
From: Chispas  Read Replies (1) of 110194
 
Fiend Commentary


Top Ten Reasons Why Greenspan
Is Hinting That Interest Rates Might rise

10. Tired of getting hugged by stock brokers whenever he is out in public.

9. Fed Governor Ben Bernanke told him that he "doesn't have the guts" to
even think about raising rates during an election year.

8. Greenspan was trying to help out a friend who has been getting creamed
on his short positions for the past several months.

7. If interest rates are raised, Greenspan will have more room to cut them
later.

6. Greenspan was terrified by a dream in which he was visited by ghosts of
bubbles past.

5. Didn't think that Wall Street morons would even notice such a subtle
nuance in his comments.

4. Misses the days when a couple of words from him would rattle the
financial markets.

3. Secretly pining for a Kerry/Edwards presidency.

2. He is planning vacation in Europe this summer and would like to
get a good euro exchange rate.

1. Knows that he has another mess on his hands and is just trying to
wing his way through as usual. There is slow growth, a declining
U.S. dollar, a renewed equity bubble, continuing real estate bubble,
massive consumer debt, record U.S. budget deficits, and commodity
prices are pointing towards inflation. The last recourse to resolve
some of these issues might just be to raise interest rates.
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fiendbear.com
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