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

To: CalculatedRisk who wrote (40583)	11/4/2005 1:34:43 AM
From: mishedlo	Read Replies (1) \| Respond to of 116555

there are some errors in that chart. The Nixon timeline is screwed up for sure Mish

To: CalculatedRisk who wrote (40583)	11/4/2005 2:28:49 AM
From: CalculatedRisk	Respond to of 116555

Federal Reserve 'puzzled' on rates washingtontimes.com Federal Reserve Chairman Alan Greenspan said yesterday that long-term interest rates are no longer responding as they have in the past to the central bank's rate increases or to large federal budget deficits. Although he warned that the rates on 10-year to 30-year mortgages and bonds may have a "delayed" reaction and jump in response to mounting deficits, he conceded the central bank remains "puzzled" as to why they remain so low. <MORE>