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


To: Haim R. Branisteanu who wrote (4466)1/6/2004 10:37:42 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 110194
 
Atlanta Fed Guynn expects 4.0% GDP in 2004
is that the adjusted number, after bullshit is incorporated?
is that after hedonics lift IT spending by 700% ???

my August-September JYEN target of 95c is nigh
we are in the mid-94's now
when we hit 95 Head & Shoulders bull pattern target, two things should happen

stockcharts.com[h,a]waclyyay[df][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

first is a little profitaking by currency traders, as JYEN will back off a bit
second is arrival of multitudinous anecdotal evidence of imported Japanese imported product price inflation
I have already heard some stories, more coming for certain

given that all of Asian exporters hedge via the JYEN, which is the onliest major currency available, all of these dynamo exporters will be seeing higher currency prices versus the hopeless US$

get ready for higher domestic US prices for the shipments to the USA
it should actually hit the CPI before long
an interesting twist is on the horizon
the CPI will rise, but mainly from foreign products, not American

the "Dragon at the Back Door" is upon us
financialsense.com

/ jim