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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: T L Comiskey who wrote (22825)	7/21/2003 10:03:06 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

dont look now, but TBond bubble got pinpricked bigtime TENS yield is at 4.02% S&P is down 8+ pts, but bond yields are up 5 bpts this could be a "double-down" day for stocks & bonds huge gamble now by stock market money has gone out of bonds, into stocks stocks anticipate hefty rise in earnings they will only get a pittance rise by winter, we will have stocks, bonds, and dollar all heading down and gold heading up so clearly that even Xeev will be able to notice / jim

To: T L Comiskey who wrote (22825)	7/21/2003 10:37:57 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 89467

dont look now, but crude oil is at $32 so much for the Iraqi War dividend what a joke!!! clowns in press, media, even financial leaders are mistakenly under the impression that commodity price rise is a signal of the economy picking up IT IS NOT commodity prices are rising from the falling USDollar this is the most horrible form of price inflation it is from production costs rising look for shrinking profit margins there is very little evidence of competent economic thought there is plenty of cheerleading, hope, and deception there is much pointing to historical patterns, ignoring the differences today, and emphasizing the "typical patterns" those patterns just dont apply here and now / jim