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

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To: mishedlo who wrote (23692)2/16/2005 10:58:28 AM
From: kailuabruddah  Read Replies (3) of 116555
 
Indeed... you have to like this combination:

1. He said financial markets in general seem quite optimistic.

2. This view doesn't seem to be shared by business managers, who so far remain cautious in hiring new workers and are obsessed with cost control.

3. Greenspan said households have been spending some of the gains they've enjoyed from rising housing values, reducing their national savings, but keeping spending at robust levels.

The Hedge Fund Economy is in full swing in other words...

I shorted LEN and SPF on their pop this morning - too tempting to resist!
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