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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (4)2/15/2004 2:14:18 PM
From: mishedlo  Respond to of 116555
 
Cyclical stocks are pricing in high expectations for economic growth this year. How these shares perform in the coming weeks relative to stable growth stocks may be the early word on that outlook.

hussmanfunds.com



To: Chispas who wrote (4)2/15/2004 2:20:22 PM
From: mishedlo  Respond to of 116555
 
Oil Patch
"The Organization of Petroleum Exporting Countries, which supplies 40 percent of the world's oil, agreed Feb. 10 to rein in an estimated 1.5 million barrels of daily overproduction. Members also voted to cut their official output target by 1 million barrels to 23.5 million barrels a day, excluding production from Iraq, starting April 1."



To: Chispas who wrote (4)2/15/2004 2:23:22 PM
From: mishedlo  Read Replies (4) | Respond to of 116555
 
Gold pretty stretched above the 200 MA.
One more dip to the 200MA or up up and away?

tinyurl.com

The answer might depend on intervention in the Euro and or a rate cut in in Europe.

N



To: Chispas who wrote (4)2/15/2004 2:41:18 PM
From: mishedlo  Respond to of 116555
 
Median household income over the last couple of years:

census.gov

Incomes falling and debt going up dramatically.
People expect the FED to hike with this trend?
I don't

Mish