The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (10547)	3/20/2004 4:05:33 PM
From: mishedlo	Read Replies (2) of 110194

mish 25 bp will do nothing to the real economy but unwind plenty of hedging and remove a big deal of speculation --- IMHO the FED will do it earlier than you think to avoid a bigger debacle ... if they do NOT then they failed in their fiduciary duty Are you kiddding? It would probably blow up trillions in derrivatives unless the change was expected. I fully expect a bias change first but even that would probably F these markets big time fast. I also contend it would stop housing cold! It certainly would put an end to refinancings. As for fiduciary duty, .... that is too funny. Greenspan has not shown any since 1995. That is a trend hard to fight. Why would he change now. His goal is to get the F out of dodge and hope someone else takes the blame for his stupidity. Mish

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next