Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crimson Ghost who wrote (29037)	4/30/2005 9:37:20 AM
From: CalculatedRisk	Read Replies (4) of 116555

Some people think this is just a "slow patch" in the economy, others think this is the beginning of the slide towards recession. So any data that supports either view could lead to a rally or a sell-off. So we need to watch the economic data carefully. The inventory build in Q1 is concerning. I also think the trade deficit will be a new record in March and could lead to another sell-off. The market seems to rally every time oil prices decline. But that isn't very convincing since cheaper oil is probably the result of a global slowdown. I don't think the economy will really weaken until housing starts to slowdown (I could be wrong, but I think housing and equity withdrawal are still supporting the economy). My answer: I can't see any reason to be bullish, even for a short term trade.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next