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


To: Wyätt Gwyön who wrote (35143)7/5/2005 1:47:22 AM
From: mishedlo  Respond to of 110194
 
A temporary reaction to unsustainable BS about the economy.
BTW - how did gold do on this "inflation news"?
I think JW was insisting that rises in TNX would be good for gold. I take the opposite view.

Every hike is going to give the FED more pains down the road.
Even Gross does not believe in inflation now but lots of junior economists still do as universal opinion is that 10 yr yield heads higher in economists poll. Where do they find these guys to poll anyway?

Finally, if all these junior economists ever switch sides I will admit I am likely wrong.
Mish