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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (8082)6/19/2004 12:34:25 PM
From: russwinter  Read Replies (1) of 116555
 
I agree with Reynolds (and disagree with Mauldin) that the carry trade is alive and well and has been "put back on". There were $6.706 billion in permanent injections provided by the Fed between 5-12 and 6-9 to insure it too. Another in a long line of "watch the Fed's actions, not their words" lessons. Mauldin is making a big mistake following words IMO.
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