Mish's Global Economic Trend Analysis Message Board

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

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To: mishedlo who wrote (4003)	4/8/2004 11:41:04 PM
From: gregor_us	Read Replies (1) of 116555

My Take on Ferguson. "I thought investors should know, and have to time reflect over the Easter weekend, that we here at the Fed are hot and bothered to see the Ten Year Yield rising to 4.25%. Yo! This could totally dick with the supply of heroin we've been dealing out through Fannie Mae. And, what was bls.gov thinking? We specifically told them 208, not 308. (frigging Chao...sheesh). Neither are we pleased to see the dollar strengthen. I mean, the snap back so far has been good in that it keeps everyone terribly confused. But we want that sucker down! Meanwhile, that pest Jim Willie CB keeps pointing out a lower dollar won't actually accomplish anything--because--hell--we don't actually manufacture and export things anymore. Except...dollars, that is. So look...this whole situation plainly sucks. But we won't be pushed around, OK? I got my buddy Burner Ben Bernanke here in his railroad cap, ready to conduct some real coal-fire operations if the Bond Market tries to push us around. Gonna push that TNX yield toward 5.00%, fockers? Huh? Chicago punks? Go ahead. Make our day!

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