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


To: Skywatcher who wrote (17589)12/3/2004 8:28:13 PM
From: orkrious  Read Replies (1) | Respond to of 116555
 
this isn't the most well-written piece, but it gets across the point of what a corner the fed has painted itself into

gold-eagle.com



To: Skywatcher who wrote (17589)12/3/2004 8:38:07 PM
From: mishedlo  Respond to of 116555
 
fuck bear stearns
I hope they were short treasuries in June
1/2 point hike in addition to 8 more hikes
They are downright stupid

Mish



To: Skywatcher who wrote (17589)12/3/2004 8:38:47 PM
From: mishedlo  Respond to of 116555
 
Northern Trust on todays numbers
northerntrust.com



To: Skywatcher who wrote (17589)12/4/2004 10:09:17 AM
From: mishedlo  Respond to of 116555
 
This question on Bear Stearns was posted on the fool

>> Ryding is a perma bull on the economy, and Bear Stearns has recruited a GOP cheerleader, David Malpass as chief economist too. I'm not sure if they believe their yak or if it's just business promotion ... they sell a lot of bonds ... <<

Then why would bond sellers talk bearish on bonds?
KB


My reply:
They are probably promoting corporate bonds.
Perhaps recommending selling treasuries as a hedge.
Two commissions that way.
The corporate bond market is totally insane now as I have commented several times. If anyone is looking for a bond bubble one should look there.

I was actually surprised by this conversation.
Message 20821750
This reply is funny
Message 20821842
Message 20821993

My guess: Bear Stearns is heavily promoting this "recovery" and recommending buying junk and selling treasuries

Mish