Mish's Global Economic Trend Analysis 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 : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (3722)	4/6/2004 4:58:27 PM
From: mishedlo	Read Replies (1) of 116555

Splotto on the FOOL.... They are setting up the arguments for not having to raise rates now that the jobs number was kicking in. Reply from Mish...... That is my take as well. Furthermore I think there is some chance that the last scare talk was actually to talk UP treasury yields to save FNM's ass from another round of refis as well as to quell some of the carry trade. I also note that one more bad jobs report and the futures would have been calling for a cut. It is interesting to see the biggest hawk come out with doveish comments today. I guess that is what "stability" means (dont dare upset this apple cart) ggg If Russ has a different take I would like to hear it. If nothing else, this is the first time they have talked about "price stability" and that is what they are targeting but they never definded the god damn thing. Stability in WHAT PRICES? 10 yr treasuries to save FNM's ass? Mish

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next