SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: glenn_a who wrote (90848)1/27/2008 2:16:18 PM
From: Keith Feral  Read Replies (1) of 110194
 
Glenn, I will make a long argument short. The guy writes for Prudent Bear which is making alot of money watching all their short positions make money. He would love to see more suffering from high interest rates. I think the FED needs to clear the negative FED future spreads to the yield curve to put the pain behind the market.

These guys have been right about their market call on the direction of the market headin lower. However, they have proven dead wrong about the direction of interest rates from 5.25% to 3.5%. The point is that the high interest rates caused the correction the shorts have made money. I don't want the perma bears establishing any monetary policy in our country. If they had their way, they would start increasing FED funds next fall.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext