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

To: mishedlo who wrote (4467)	4/16/2004 1:42:39 AM
From: gregor_us	Respond to of 116555

Global Boom Boom: One Final Bullish Updraft Mish... ...which will bring global markets to headline highs is what I'm predicting now. Why? Because there's a new wall of worry in town--interest rates. Just the kind of sharp teeth the bulls will want to tempt--in a final, 30-90 day push of global stock indexes. I'm already feeling it in the US index action this week. The Dow wants to prove it can shake off higher oil, higher rates, and greater Iraq/Global risk. I look for fund managers to pile heavy duty into energy and health care, industrial stocks--and India, and Russia and Brazil, and China. It's MORE BRIC--not less. The China bubble doesn't end yet. None of this ends yet. Predictions of the demise as usual are a tad early.