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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: zonder who wrote (25842)3/17/2005 1:18:33 PM
From: mishedlo  Read Replies (2) of 116555
 
I believe their faith in growth is misguided.
It is on that faith they act as if they can hike.
Personally I think they are trying to jawbone the economy up.
Who knows what they really believe. The FED lies all the time.
Minutes from 1999 just released now prove it.

At any rate, there are signs that the world economy is slowing.
I seriously doubt that after all this time and with those headwinds the EU can buck those trends.

Since I cashed out of Euribors I hope they are stupid enough to hike.
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