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

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To: mishedlo who wrote (29069)3/22/2005 2:34:09 AM
From: Stoctrash  Read Replies (2) of 110194
 
mish & all,
Here's my thoughts on tomorrow:
.25 or .50..no matter - naz & spooz take a powder and US Trash-uries Rally large.(reverse psyche...kind of) Simple fact that these rate hikes are killing any mo-mo the US econ had. $62 Oil is the next stop per a Fib. Bad Ju-Ju Economics is in the works, RE bubble, etc.

I can tell you some large US banks are LOWERING credit standards in the last few months - not raising them like they should be on the consumer end. Competition in the large banking arena is getting heated in every area...consumer, commercial lending, you name it. I hear rumblings that some consumer lending segments are only @ 60-80% of target this year. That's going to kill some EPS soon and the Fed's not helping this trend on bit, but they can't help, they're shatting their pants over the Euro. Sadamm was right about one thing...buy that Euro. Pretty soon we'll be quoting OIL in that so it doesn't look so bad, ha!

Lastly,,I have large commercial developer friend who indicated to me that another large bank was moving into town soon and he was helping them do so...simply so he could use the competition to widdle down any of the deals he's about to sign with his current LENDERS. Nice gig he's got going!! Sell the new bank in town some prop...then has them low ball all his new plans and bids so he wins & rest of established commercial banks in the area lose. Short BKX anyone <GG>???
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