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


To: loantech who wrote (7150)2/6/2004 4:15:32 PM
From: mishedlo  Read Replies (3) | Respond to of 110194
 
When it starts........ Soon?? <g> Like Monday!

From Patron:
Eventually the response will be competitive devaluation, but when it starts is anyone's guess....

From Mish: I assume he means competitive devaluations of currencies and I agree 100%. I doubt it happens monday but I suppose it could. That devaluation will take place in the form of interest rate CUTs as opposed to hikes that some here think will happen. Patron seems to be agreeing with me and he can clarify if he wants to.

Mish