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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (1037)3/2/2004 3:27:01 PM
From: Jim Willie CB  Read Replies (1) of 116555
 
I wonder if Fed hikes, based on assumed job increases
the fact that he holds rates fixed tells me two things

1. economic growth is fictitious, with job gains much less than reported

2. the entire economy is afloat from mortgage support, and other substantial bond leverage

/ jim
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