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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Tommaso who wrote (29320)5/4/2005 4:43:24 PM
From: benwood  Read Replies (2) of 116555
 
I think both the EE bond change and the reintroduction of the 30 year mean the gov't is quite sure that interest rates are going up and staying up. Why else would they do this now? This certainly puts a lot of heavyweights into the cluster across the aisle from Heinz/Mish and a few scattered others. Are they really blowing the long range forecast that badly? Are they so overconfident in their ability to manipulate that they will be taken down by their own interventions, once and for all, dragging the rest of the planet with them? Probably, I think.
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