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

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To: gregor_us who wrote (7009)2/5/2004 3:03:21 PM
From: mishedlo  Read Replies (1) of 110194
 
I Take Moskow and Bernanke Comments Together.
And I conclude the Fed wants the market to not misunderstand their change of phraseology, as hawkish.

It's all White Doves from the Fed.


I agree but just curious: Why do you say that?
What did Moskow say?

Finally here is my take FWIW on todays comments:
Bernanke wanted to support the US stok market by saying positive things and thus we got contradictory messages about jobs and remaining accomodative. I do not think he wanted to spook treasuries.

Today's stock market gains have all been given back but eurodollars remain wacked. I am adding Eurodollars tomorrow after Jobs data if they get hammered again, or on Monday after the G7 comes out if they do not.

Mish
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