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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Tommaso who wrote (3979)4/8/2004 6:38:38 PM
From: mishedlo  Read Replies (1) of 116555
 
I think that there is so much overvaluation and so much debt that it cannot be unwound quckly, and that the Fed will try to see to it that the process is relatively gradual.

Exactly
Please explain that to those that think the answer is a sudden 2 point hike or a series of 3/4 point hikes

Mish
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