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 : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Clappy who wrote (51139)5/9/2002 12:05:38 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
TIME CAPSULE is some root of all knowledge
who the hell knows?

bear market rallies come fast & furious
maybe some actual improvement in earnings will come
maybe many multinationals are less complex than perceived

but the kicker curveball, nay a hard slider is.....

INTEREST RATES ARE GONNA RISE SOONER THAN PEOPLE THINK
AND HIGHER THAN PEOPLE THINK
why?

because foreigners control GOLD and USTreasury yields
NOT AMERICAN POLICYMAKERS
and this will change the entire valuation model structure
so higher earnings will be required to maintain these high prices
it is all part of the trickledown monetary inflation

but the biggest beneficiary will be commodities
not corporate earnings
they will be struggling later this year in dealing with their rising interest rate costs, due to massive swaps

I am impressed how chronic bulls (who miss all signposts) continue to interpret events in such a way to support their erroneous views

watch the dollar, it is the KEY
it is still below its level even one week ago
in a deep downtrend
the confidence game is being played out on a world stage now
and confidence in America is on the wane

stick that up the nearest capsule
speaking of capsules, I might try a sleep suppository tonight
/ jim