Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: russwinter who wrote (3687)	4/6/2004 12:16:48 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Russ, they just started passing on costs, I can not dispute that it is not FINALLY happening but it is NOT across the board and it sure is nowhere near what the PPI has gone up. Furthermore I AM suggesting as is Andy Xie that China could be ready to crack, and you have given reasons yourself for the US consumer to crack (falling wages, tax cuts spent already, etc). You ignore the possibility that this economic ship has already turned. I believe it has. China can not turn or stop on a dime. You have heard me say that for months. Perhaps we are seeing the final blowoff in many commodities: copper, steel, aluminum. Oil has its own set of problems as we know so I wont bother repeating them. You want evidence. I do not. China is desperately trying to slow down, and Andy Zie talking about overdevelopment in the face of a command economy like China who CAN stop things if they are serious, and we have China's stated intention as well. Watch the PPI start falling. Then we get the damn reports (lies) but prices may very well be headed back down. One bad jobs report and eurodollars make back all they lost IMO. M