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


To: Crimson Ghost who wrote (26989)4/6/2005 1:17:48 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
I believe there is a current one somewhere that is from 2000



To: Crimson Ghost who wrote (26989)4/6/2005 7:31:20 PM
From: regli  Respond to of 116555
 
"In general, anytime long term interest rates, after inflation (i.e. real interest rates) are expected to be higher in the foreign country than in the U.S., the foreign currency will be above PPP."

I have to assume that Hussman uses the CPI. If we give any credence to the distortion effect of hedonics and in addition were to use what Contrary Investor recently presented as a possible CPI if housing were included properly, the Euro level in his piece is significantly understated. Note that CI did not even address hedonics.