Mish's Global Economic Trend Analysis Message Board

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

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To: mishedlo who wrote (31425)	6/4/2005 9:25:30 AM
From: Chispas	Read Replies (1) of 116555

Mish, this gentleman also writes a lot like you - "Recently Allen stated interest rates are a conundrum. Which in English means the head of the Federal Reserve doesn’t understand why long rates are declining while he raises short rates. From now on I will refer to him as Allen in Wonderland. His answer to any and every problem is to print more money. I expect the dollar to stay in a trading range like the last 6 months. And sometime in 2006, when we’re in the next recession, the Fed will lower rates, print, and the dollar will head to new lows. The Federal Government and the Federal Reserve are completely incapable of keeping tomorrow from coming." Complete essay - resourceinvestor.com

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