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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: NOW who wrote (2874)3/26/2004 12:51:28 AM
From: mishedlo  Read Replies (1) of 116555
 
Well I hope that catches people up on what is happening after SI being down for 2 days.
Small summary
1) China discovers huge oil deposit
2) Opec delays production cut
3) Euribors soaring on talk of rate cut in Europe
4) 3 FED governors hint at rate hikes (depenedent of course on a strong recovery, but they all see this strong recovery and all think jobs are just around the corner as well). Treasuries and Eurodollars did not really react to it.

Welcome back everyone!
Mish
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