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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: gregor_us who wrote (7333)2/9/2004 12:06:42 PM
From: ThirdEye  Read Replies (1) of 110194
 
Mish, you might well be right about a rate cut. But considering the recent change in language about the Fed bias, the lackluster job market, the claim to have beaten deflation, etc. don't you think a flip like that could potentially be more disruptive to the market than a small hike? It would be an admission that they have been wrong about a few things and that the "recovery" is alot more fragile than their jawboning would have us believe.
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