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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: zonder who wrote (29309)5/4/2005 9:18:19 AM
From: orkrious  Read Replies (1) of 116555
 
It sounds like you are referring to rate of increase in interest rates as "second derivatives".

you never took calculus? the second derivative is the rate of change of the rate of change of a point on a curve. (I think I said that right, it's only been 25 years <g>)

And still, that does not mean a looser monetary policy. It means we will be stuck in the same "restrained" level for a while.

yeah, but the rate of change of restrained is a little less <g>
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