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: Sea Otter who wrote (69693)	9/30/2007 10:41:08 AM
From: ggersh	Read Replies (1) of 116555

Steve; Why Govt Says No Inflation, You got some good replies to that question, all are true, but in my mind the biggest reason(maybe not the most important) is the Stock Market. If interest rates go up as they should've ,to save the Dollar the Stock Market couldnt go up. Listening to CNBC the Queen of Spin for the market,all they care about is that the Market goes up. Could care less about any of the ramifications. 30 Stocks do make the economy!!! Also the politics of everything breathing would be crippled. Our glorious leader doesnt want a recession like daddy had, the PPT, (plunge protection team) has probably been buying stocks also) so all that is done financially, whether it be Paulson or Bernanke is done for Wall ST. and the Market. IMHO

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