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


To: regli who wrote (42935)12/16/2005 11:07:51 PM
From: mishedlo  Respond to of 116555
 
moneycentral.msn.com

It's not like board members were struggling before those recent raises. Many directors were already pocketing $100,000 a year or more -- often much more -- for attending six to 12 meetings a year. Or not attending.



To: regli who wrote (42935)12/16/2005 11:43:31 PM
From: mishedlo  Respond to of 116555
 
Special Year-End Issue

Looking to 2006

The global economy performed surprisingly well in 2005.? A year ago, we were concerned about the mounting perils of global imbalances.? We got the imbalance part right — the massive disparity between the world’s current account deficits and surpluses widened even further.? But we got the consequences wrong, as the dollar rose instead of fell.? Moreover, despite the stiff headwinds imparted by a serious energy shock, there can be no mistaking the impressive resilience of the global economy.? World GDP appears on track for a 4.2% increase in 2005, well above our 3.6% forecast made a year ago.

Our baseline forecast paints a generally constructive view of the world over the 2006-07 period.? We are looking for world GDP growth of 4.1% in 2006 followed by a modest downshift to 3.8% in 2007— average increases of 3.9% that keep the global economy growing slightly above the post-1970 trend of 3.7%.? If this forecast comes to pass, it would mark five consecutive years of above-trend world growth — the longest stretch of global vigor since the late 1980s.
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Zero Bears.
Interesting.
morganstanley.com



To: regli who wrote (42935)12/17/2005 12:40:18 AM
From: mishedlo  Respond to of 116555
 
Surprise fall for euro inflation
Eurozone inflation has unexpectedly slowed during November, easing concerns that high oil prices were pushing up the cost of living.
Consumer prices in the 12 nations using the euro fell by 0.3% in November from October, the statistical office said.

That cut the annual rate of inflation to 2.3%, down from 2.5% from October.

The European Central Bank (ECB) raised interest rates for the first time in five years earlier this month, ignoring criticism that it may slow the economy.

"Eurozone politicians will be increasingly concerned about the ECB's motives for higher rates when inflation is coming back on target," said Bear Stearns economist David Brown.

Many analysts predict that eurozone inflation is on its way down and that the annual rate could hit 2% - the ECB's target - in December.

Bear Stearns' Brown reckons that lower oil prices will help push inflation below 2% for much of 2006.

news.bbc.co.uk



To: regli who wrote (42935)12/17/2005 2:45:36 AM
From: mishedlo  Respond to of 116555
 
Mauldin mentions CalculatedRisk
investorsinsight.com
Mish



To: regli who wrote (42935)12/18/2005 11:15:10 AM
From: Bill/WA  Read Replies (1) | Respond to of 116555
 
>>Unless we smarten up quickly and protest loudly and adamantly our liberties will be lost quickly and forever.<<

Truer words were never spoken. It seems we are re-visiting an era. An era that included Hoover, military spying on citizens, Nixon, Mitchell, et al, and the arrogance of the US government in a winless war of nation building.

While the sheeple & herder sleep, the fox comes closer. Indeed it seems 1984 might be upon us...perhaps the '60's need to be repeated, however, without the draft, it may take awhile.