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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (67192)5/14/2002 6:59:08 PM
From: Zeev Hed  Read Replies (5) | Respond to of 99280
 
I am not sure that it is by a wide margin (I partially "buy" hedonic inflation measurement <g>), but this situation surely cannot continue for long as the long side of the bond clearly shows. Fair net cost of money should be in the 2% to 3.5% not zero, we are robbing our retirees to feed a consumption frenzy.

Zeev