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

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To: Haim R. Branisteanu who wrote (11988)4/15/2004 1:30:59 PM
From: isopatch  Read Replies (1) of 110194
 
Well that's the idea. Pom pom waving FED members are doing

their part of the election year dance. Like any other organization the group takes it's lead from the boss. And Greensputin is one of the worst political hacks we've ever had as a FED chairman. And his poor forecasting skills (which date back at least to his days at Townsend & Greenspan on W.S.) have kept him behind the curve at every economic inflection point in his tenure as chairman. And that's why the Greenspan FED's monetary policy record looks like a manic/depressive on steroids!

Reelect the incumbents regardless of party is the mantra. <Goldilocks Economy> here we come.

With the recent strong dollar, the FED now has the wiggle room to ramp the monetary aggregates growth rate back up. And per the charts in my earlier post, that's exactly what's happening.

Like I said. If I'm wong? Come back and hit me over the head with these posts in August.<g>

But I'm not wrong.

FWIW, I've been a professional investor since 1986 and rarely have much less take the time to post outside my own thread: Natural Resource Stocks. But when something very important is happening (two perhaps three times a year) I put the post up on several other threads.

Gotta run. Good luck with your trading/investing.

Isopatch
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