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


To: russwinter who wrote (10256)8/6/2004 12:13:53 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
Have you figured out a way to trade a widening credit spread?

In what sense?
Corporate bonds, 5 vs 10 yr treasuries?
what?

I wish there was a way to short junk bonds but there is not.
BTW is the spread between 10 and 30 year getting wider or narrower. I can not fathom locking into a 30 year rate at 5 vs 10 year rate at 4.25

I am sure you agree that is insane.
.8 of a point for 20 more years. WTF?

Note too that the 30 yr is about to crack 5% once again

Mish



To: russwinter who wrote (10256)8/6/2004 12:35:05 PM
From: mishedlo  Respond to of 116555
 
How to Manipulate the Stock Market
With Only $12 Million Per Day

PS. Do you buy this theory?
financialsense.com



To: russwinter who wrote (10256)8/6/2004 12:41:49 PM
From: mishedlo  Respond to of 116555
 
Snow Job
Snow just said the job numbers have to be taken "in context"
"Tax cuts are giving the economy oxygen"

Finally he says "The US is the best place to invest"

Mish



To: russwinter who wrote (10256)8/6/2004 12:48:55 PM
From: mishedlo  Read Replies (3) | Respond to of 116555
 
Russ - Thoughts on Unleaded Gas?

Here is a post from Steve on the fool....

If UG was moving in parallel with POC as it did last spring, UG at retail would be $2.63 here, instead of $1.89. There was a gas war yesterday between a Marathon station and a Sunoco in a Detroit burb. The price got down to $1.37 before the war ended when the Marathon station ran out of gas.

Refiners must be getting the beejus squeezed out of them right now. Retail gas prices are a political hot issue so I can't discount industry support for BushCo. I'm tempted to say that low gas prices are a result of supply and demand, but if that was the case, why would refiners use $44 oil to make $1.89 gas?

Steve