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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: CalculatedRisk who wrote (62864)	6/6/2006 12:43:56 PM
From: russwinter	Read Replies (1) of 110194

Hamilton asks the following after quoting this strategist, Barry Hyman, equity market strategist with EKN Financial, said the Fed chief is describing an economic situation the market doesn't want to hear. "Being inflation-vigilant when you're acknowledging an economic slowdown is not what investors want," he said. "That scenario borders on stagflation, which is a death sentence for equities should it occur. It's clear that the market is due for more corrective behavior." This is something investors "didn't want to hear"? But let's start here-- isn't it true? Would investors prefer to have a Fed Chair who either fails to see, or pretends to fail to see, what should be apparent to anyone with open eyes? The answer is an undeniable YES, that's what the whole Risklove, Pig Man/Mr.Creosote thang is all about, looting and stealing while Rome burns and Nero fiddles. arago4.tnw.utwente.nl

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