Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (6736)	9/6/2002 2:40:20 AM
From: macavity	Read Replies (1) \| Respond to of 33421

Thx for the link. The thing that screams deflation here is that despite the fact that there have been 11 or 12 rate cuts, LongTerm Yields have fallen - this has only occured twice last century. Hence the market is saying that it does not believe that there will be either of i) Inflation. ii)A pick up in the economy. "Do not fight the Fed!" Ha! "Do not fight the Trend, Fed!" more like. The US has turned from net buyer of bonds to seller, and still Bonds cannot fall - what the hell does that tell the CNBC boys and girls? Obviously not a lot. The other 2 occasions were i) Japan 1989 ii) US 1929 Not understanding economics, I prefer to think by induction and use history to get an idea of what may be happening. The Wizard of OZ is being unmasked as we watch. -macavity