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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (3283)7/27/2003 9:45:47 AM
From: Box-By-The-Riviera™  Respond to of 4907
 
...... seems to be a new shift in that paradigm. rates are rising both here and in japan. forget time. be it a year or 14 years. we learned some time ago, time has never been an accurately forecasted frame, but the moves, eventually, have been quite accurately forecasted.

anyway.... rates are rising. now, if we do the cliff dance here in the fall, there is no reason not to expect rising rates to correct momentarily, which will be mistaken for a continuation of a bond bull. fed will cut to nearly zero and safe haven hoperz will return to bonds because they still don't understand, this is not a bond or stock market choice any longer. no paper market is a haven of choice any longer.

i'm still in the stagflation camp. deflating asset values, rising costs. when we start seeing nixon style cost controls, i think that may be a turning point.



To: LLCF who wrote (3283)7/27/2003 6:36:17 PM
From: LLCF  Respond to of 4907
 
OTOH, Bernstein weighs in:

askmerrill.ml.com

DAK