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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (647)2/25/2004 3:35:14 PM
From: CalculatedRisk  Read Replies (5) of 116555
 
mish, obviously I think that Fed paper is incorrect, but my guess is the Fed will do the wrong thing!

My guess: when we see a significant drop in New Home Sales (maybe this Thursday, maybe in couple of months) the Fed will start intervening in the 3 year (they will start short and work long).

I still think there will be another bond rally. Hard to believe<g>.
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