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


To: Crimson Ghost who wrote (3836)12/24/2003 9:50:01 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Receession is guaranteed.
The question is when?
The answer is related to consumer spending, jobs, and/or housing.

Probably starts late 2004 but will not be admitted to until 2005.

M



To: Crimson Ghost who wrote (3836)12/24/2003 9:51:45 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Eurodollars got hammered yesterday along with treasuries.
On less than half the gain back in treasuries, eurodollars recovered nearly all yesterdays losses (so far anyway). Also note that gold way firm in yesterday's treasury slaughter and is up today slightly with rising treasuries.

Do you really think gold has any meaningful relationship with treasuries or gold will force the FED's hand to do anything or did you abandon that idea?

M