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


To: mishedlo who wrote (13116)10/8/2004 9:21:38 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 116555
 
I disagree 100%

well, since you don't even explain WHY you disagree, your statement doesn't mean anything.

So does the bond market which is in the end the final arbiter

<yawn> ah, the old "the market's always right" saw. </yawn>
that's exactly the same logic people were using to buy the Nazdung at 5000. whatever the bond market's at doesn't mean crap, especially due to the heavy participation by merctanilist CBs who are more concerned about propping up the dollar than the long-term value of today's yields.