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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (91872)3/4/2008 5:41:07 PM
From: Keith Feral  Read Replies (1) of 110194
 
So your argument is that global deflation is creating inflation in the US. It all boils down to oil and gas, which I think are going to keep going higher. Having listened to Greenspan's call for vigorous efforts to recapitalize the mortgage markets, I have no concerns about rising interest rates. In fact, the credit markets are pricing in at least another 75 bp cut this month.
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