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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (25296)1/25/2005 9:20:01 PM
From: mishedlo  Read Replies (3) | Respond to of 110194
 
I actually think the powers that be here are trying to engineer a big dollar slide-- they have to, or it is lights out for the economy here ...

I disagree BIG BIG TIME
I bet Russ will agree

I think the FED has tried to engineer a US$ rally on pure BS so the $ doesn't puke when they pause.

Just imagine what would have happened if the FED paused when the US$ was at EU 1.36+
Panic?

They now have a cushion of nearly 7 cents on the Euro and almost 9-10 cents on the pound, the latter of which will fall as soon as the UK cuts.

Mish



To: yard_man who wrote (25296)1/25/2005 9:48:01 PM
From: NOW  Respond to of 110194
 
doesnt seem like it does it?Bush is trying to sond serious about the deficit and saying trust us this time and so forth... i dont see anyone shoving the dollar at all.



To: yard_man who wrote (25296)1/25/2005 11:02:42 PM
From: gregor_us  Read Replies (2) | Respond to of 110194
 
Man Oh Man the Fed is in a Pickle Now. Here Comes

the 6th rate hike and what have they got to show for it? The 5, 10, and 30 Years are all (and largely have been) saying "You ain't hurting us man--You just gonna hurt yourself!"

Man oh Man.

And what's this talk of .50? Ha Ha.

But on the matter of the USD--I am with you but only in the sense that I've been warning they must not engineer a sustained dollar rally because 6 rate hikes + a stronger dollar is major tightening, like, we're talkin' Victorian Corset tightening here.

LP