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

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To: sciAticA errAticA who wrote (14609)5/27/2004 10:30:30 PM
From: $Mogul  Read Replies (2) of 110194
 
If that happens we are back in a RECESSION faster then you can take off your pants and use the restroom. The sound of a flush will be reminesent. Depression will happen shortly thereafter with $70/barrell crude oil. Rates will reverse the other way, and not by choice thatnks to Uncle Al. With the history's largest deficit, and a decling dollar, it would be very ugly for the avg. american.

I expect a .25 hike, not even sure we will see another .25 after the first. I expect the first .25 to actully reverse by Q3 05" due to the sad state of where our economy is facing. If rates continue up and the above all happens, then it will be painfull. Lets all hope we don't have to face this, not to mention macro global problems. But, hey less the 1% even see it, this is why you have the consumer confidence index meeting concensus, and the VIX as complacent as can be.

-$Mogul

$$Mogul
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