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

To: CalculatedRisk who wrote (1135)	3/3/2004 8:25:47 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

We certainly had a big reversal. If it continues tomorrow and we get bad jobs on Friday, yes it should be over. If we get good jobs data on Friday (which I doubt) it is not over. M

To: CalculatedRisk who wrote (1135)	3/3/2004 8:27:05 PM
From: mishedlo	Respond to of 116555

I was asked this on the FOOL. Why should China go along with either Greenspan or Bush's wishes? Why make public statements about this? My reply: Good question Especially when the comments are directly opposed to what the White House wants. Let's see 1) Social security 2) tax cuts 3) budget deficits 4) position on the Renmembi Now look at those 4 in light of Greenspan's victory speech over deflation back in January. Is he angling to get fired? I think he is. Perhaps he just wants out and will resign in June knowing with all this baggage he will not be asked to stay. Whatever problems happen in the future, he will attempt to lay the blame on Congress, Bush, his successor, or all thre of those in some sort of combination. Mish