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


To: ild who wrote (21656)1/19/2005 4:40:30 AM
From: zonder  Respond to of 116555
 
I do disagree with him, and so do the Fed minutes and the data at hand.

The impression I get is that he now realizes he was wrong, that rate hikes will continue, that there is no deflation in the horizon, etc. But he does not want to change his view too quickly and admit he was wrong, so he is playing it along with "we are changing our rate outlook" etc.