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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 4:51:43 PM
From: Rascal  Read Replies (1) of 116555
 
I think AG is jawboning the hedge funds about derivatives.
Talking about interest rates to the masses is a waste. He can't raise them. It could start the tsunami. And, AG says I should get an adjustable rate mortgage.When was the last time AG made "product recommendations"? It's like telling Soros to short the dollar. Is he sending a strong signal? Where was it directed? To consumers? Lenders?

Some sources say that SS is fine. Why all the rush? What happened to the SS Report Dick Parsons did for the Administration? Parsons, Powell, Powell. Did the Administration know that Greenspan was going to go on record on SS? Did they know Kay was off the reservation?

Rascal @CookedTheBooks.com

PS. Where would the economy be if the dollar had held up?
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