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


To: mishedlo who wrote (6808)2/3/2004 10:27:52 AM
From: Jim Willie CB  Read Replies (3) | Respond to of 110194
 
thanks for Plunger input
I still believe the USDollar and rising import prices in the US Economy will undermine our TBonds

a slowdown in consumer debt dont mean shit to bonds
that will have an impact on money supply data
and will be a big deal to regional banks

yes, a slowdown in the US Economy from faltering among consumerists and their never ending consumerism, will lead to relentless job layoffs and poor employment withholdings income to IRS
we will see rising federal deficits
our Idiot Prince will find more ways to spend money on war

an increase to USGovt debt issuance does mean plenty to TBonds
I expect a big jump in federal deficits
just when the US$ undermines the Asian "BUY & HOLD" theme

THIS ALL ADDS UP TO DANGEROUS VOLATILITY IN USTBONDS
/ jim