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

To: mishedlo who wrote (1034)	3/2/2004 2:30:09 PM
From: orkrious	Respond to of 116555

Date: Tue Mar 02 2004 14:08 trotsky (frustrated@Greenspan) ID#377387: Copyright © 2002 trotsky/Kitco Inc. All rights reserved do i believe he would raise rates if they continue to intervene? of course not - he'd have even less reason to do so in that case. btw., one thing shines through loud and clear in everything Greenspan has uttered in public over the past few weeks: he does NOT expect rates will rise anytime soon. i agree of course...take e.g. his remark on adjustable rate mortgages...sounds like the kind of recommendation one would give if one expected deflation to worsen, and hit the housing sector soon. not something a central banker worrying about inflation would say. of course there's his great record as a contrary indicator to consider...still, all those hints ( more than hints actually ) promising there won't be higher rates are quite significant imo