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

To: Wyätt Gwyön who wrote (1723)	3/10/2004 3:30:22 PM
From: CalculatedRisk	Respond to of 116555

Thanks for the laugh! This is so true: "i think it's hard for us to realize that there are people running billions of dollars who actually have an outlook similar to Kudlow's. you wouldn't think the Friday jobs report would surprise anybody, but apparently so. as i posted Friday, apparently a bunch of bond traders at one of the big houses or banks started swearing when they saw the numbers. i hope Cramer didn't hurt himself." Instead of just running with the herd, you would think they would lift their heads, and realize we are headed towards a cliff! BTW, mish posted the first forward looking "r" word commentary from an economist yesterday. Message 19898466 Maybe some of the "crackheads" are waking up!

To: Wyätt Gwyön who wrote (1723)	3/10/2004 3:33:28 PM
From: NOW	Respond to of 116555

yes indeed! Part of this BIG C likely is that we start to forget just what kind of morons are running this show.

To: Wyätt Gwyön who wrote (1723)	3/10/2004 3:49:01 PM
From: gregor_us	Respond to of 116555

Darfot: RBNZ Keeps Rates Unchanged at 5.25%. NZD Falls further on the news to .6610. Alan Bollard, RBNZ Gov. talks down the NZD "vigorously" (My word) and actually makes a showy stand by formally asking the government for approval to intervene in the forex markets, should the NZD continue to strengthen. (It's the posturing that moves the currency of course--rather than the reality.) NZ has never intervened in the forex markets--not since free-float. (1985 os so.) Lots of Dollar-Bloc weakness today of course on back of stronger USD. However, I caution anyone thinking of going short the NZD or AUD to examine the govt. accounts of both countries... LP quote.bloomberg.com