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


To: mishedlo who wrote (4276)4/13/2004 5:39:38 PM
From: rubed  Respond to of 116555
 
Interesting point I heard made on K and C today (yes I did say K and C - it wasn't them who said it) that the Fed doesn't want to raise rates preemptively like 1994. Instead they want the bond market to move ahead of them and they can move later on in the year...

I know you disagree about the hike Mish but the whole point is that the fed lets the market factor in and then hikes down the road to prevent a "big nasty".

rube