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


To: mishedlo who wrote (13443)10/14/2004 10:15:07 AM
From: russwinter  Read Replies (2) | Respond to of 116555
 
<Well judging from the reaction of treasuries and eurodollars the bond market is more concerned about jobs than PPI or trade gaps.>

Of course I have a completely different interpretation of what's actually happening. The Asians are hard at work at the moment printing money and intervening, that's why you see stutter rallies in the Yen that are capped, followed by immediate bond market strength. That's the central banks, and the specs that trade along side engaging in the same tired old pattern. The trade of the decade (maybe century) is when these linkages break.
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