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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (52611)6/4/2002 11:39:07 AM
From: Jim Willie CB  Respond to of 65232
 
multinational effect is the positive, but much later
the immediate effect is the departure of foreign stock holders
and the rising gold price
and declining value foreign bank reserves
and extreme attention to BOTH federal deficits and trade debts
... and the biggee ...
the eventual rising USTBond yield

this will be the biggest curve ball of all
economic malaise, sliding toward recession again
but rising rates
when this happens, NOT IF, run for cover

I didnt say these curveballs were easy to hit
you missed one already with declining volume

later, investors will find safety in multinationals
but we are nowhere near that

by this time next year, it will make much greater sense
all the curveballs will later look easy to hit in hindsight
but they were missed when in the batter's box
all press reports will set you up, like high inside fastballs
then come the outside corner curves with the dollar's insidious effect
good luck out there, it is to get much more dangerous

this is Macro Economics 551 (graduate school level)
many Fed Governors understand it
but they have chosen to ignore it for political reasons
Liberal Politics will serious threaten our nation's financial integrity
/ jim



To: Boplicity who wrote (52611)6/4/2002 11:49:35 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
Naz & dollar breakdown imminent, gold breakout slowmo /jw