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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: glenn_a who wrote (2257)11/16/2003 10:28:11 PM
From: mishedlo  Respond to of 110194
 
Where we seem to differ is the likelihood that the Fed will be forced by external forces to raise interest rates to defend the US$. Don't know how it will play out, but it's going to be fascinating and sad both at the same time to watch.

Not a good start for the Nikkei this evening. :(

Thanks for the dialog Mish.


You are welcome
BTW you are right forces might force it, like crashing bonds but ..... But think about this: bonds are in trouble anyway and it is not just inflation it is enormous credit risk. Now what happens if they raise rates and bonds are already sinking out of credit concerns.....

GOT MAJOR PROBLEM???
Like stocks and bonds crashing at the same time?

M