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

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To: mishedlo who wrote (75055)2/21/2008 8:27:09 PM
From: Bill on the Hill  Read Replies (4) of 116555
 
Meredith Whitney is calling for further cuts in Citigroup dividends and a 15% to 50% drop in financials......

cnbc.com

******* edit ******** (while i typed this CNBC pulled the video and the above link quit working)( Maria sat with a stunned expression on her face at the end of the video. I hope someone captured it.)

Here is a Reuters release an hour ago:

reuters.com

CASH is king. We moved my sister and ex into 4 week treasuries about 3 weeks ago.

It is not about the interest at this point for me.

It is about the preservation of capital.

I guess we are part of that M2 report?

And that money has nothing to do with inflation but protection from deflation.

Thanks Mish.

Silver follows soon. Into cash.

Bill
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