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

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To: Elroy Jetson who wrote (6126)5/11/2004 12:57:00 PM
From: mishedlo  Read Replies (3) of 116555
 
Abbey Conehead reportedly was on TV and said the FED was hiking a full point in June.

Trying to get a confirm on that.
Seems peculiar of her.
this post from Steve on the FOOL...
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on bubblevision now...she sounds negative...tho says US isn't hurt by high commodity prices like other countries are. Inflation rising, tho only to 2%...Fed will raise in June to 2% fed funds.

OK kids. Abby has always shown up at a top. We've had several down days here. Is she trying to stop the sell off by minimizing the bad news? Is she underlining the bad news, which would mark a bottom?

Steve
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