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

To: mishedlo who wrote (4576)4/18/2004 4:01:06 PM
From: Chispas  Read Replies (1) | Respond to of 116555
 
Mish, from what I can see here....

The scrap metal yards (Fort Worth) are piled high....

There are truckloads leaving the yards, but they sometimes
sit waiting before they are loaded because of activity to
unload incoming trucks...

Definitely there is a slowing-down in demand for scrap,
such as steel, when viewed from here....

Whatever is happening, it must be something in China ???



To: mishedlo who wrote (4576)4/18/2004 6:12:18 PM
From: Tommaso  Read Replies (2) | Respond to of 116555
 
Well, it may be that the "wall of worry" applies to commodities markets as well as stocks.

There sure is no dearth of opinion to the effect that everything is about over with commodities.

I think otherwise, with the world awash in fiat currency and credit.


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