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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: patron_anejo_por_favor who wrote (47118)12/13/2005 3:06:50 AM
From: John Vosilla  Read Replies (5) of 110194
 
".....I also don't buy the "core inflation" argument. I don't care core inflation, if you will, I care inflation, period! The argument that inflation rates in, say, I-pods is "more" significant than the inflation rate of energy and food is specious at best, evil at worst and I will have none of it!"

Me neither. But Mish, Larry Kudlow, most fund managers paraded on CNBC and the fed have bought into it. I trust you and me before that cast of characters<g>

When they gonna figure out or admit bubble RE costs as well as energy costs, costs of natural disasters and costs of our twin deficits must pass through the system. That the signals are everywhere except cheap imports from China and that is going to change this next cycle too<g>
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