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


To: mishedlo who wrote (19871)12/29/2004 10:56:54 PM
From: gregor_us  Respond to of 116555
 
Well I'm Relived to Hear That. I Think the UK Play

is a terrific one, as overall monetary conditions (the recent rate hike cycle--which is now ending--plus the strengthening currency) have tightened considerably, and peaked just as the housing market begins to roll over.

The BOE may very well have to get *very* agressive in their cutting, should they have to fight a slowing economy and at the same time a further strengthening currency.

LP