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

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To: russwinter who wrote (8969)	3/1/2004 5:56:41 AM
From: Crimson Ghost	Read Replies (1) of 110194

How the "establishment" is spinning things now. BUSINESS WEEK admits in its latest issue that the inflation cycle is turning upward. But they put the blame on China and say nothing about Greenie's ultra inflationary monetary policy. Furthermore they project just a modest hike in price pressures and argue that this would be a net plus since it will give American companies some pricing power. They also admit that previous expectations for a sharp drop in oil prices were misplaced. But in their discussion of the factors influencing energy prices, the weak dollar is never mentioned.

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