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

To: mishedlo who wrote (2757)	3/23/2004 3:36:50 PM
From: mishedlo	Respond to of 116555

ECB President Trichet Interview with Handelsblatt Message 19948182 =================================================================== Analysis: I am seeing first hints of European rate cuts. It is not based on jobs but on spending. Of course if no one has a job, no one spends but they are watching spending as opposed to jobs it seems. They need to import some US consumers. That would get things turned around in a hurry. Alternately, we could set up a new business that teaches people how to spend money they do not have. The US seems to have a leading edge in talent here. One of our very strengths. ggg M