SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (43794)1/3/2006 5:30:34 PM
From: mishedlo  Respond to of 116555
 
Futures reflect pared bets for Fed rate moves in 2006
Tuesday, January 3, 2006 8:06:37 PM
afxpress.com

CHICAGO (AFX) -- Interest-rate futures contracts show traders have pared bets for an interest-rate increase from the Federal Reserve at the March meeting and assuming no move then, also reflect reduced odds the Fed moves in May or June. The changes follow the release of meeting minutes from December on Tuesday, in which members said rates may not have to go much higher and that policy decisions are more data-dependent. Futures contracts are still fully priced for a quarter-point rate hike in January, to 4.5%. Odds that the rate target is lifted in March to 4.75% stand at 52% from 60% priced in earlier Tuesday. Odds the Fed would opt to lift rates to 4.75% in June instead have been clipped to 74% from 94%. "Our own forecast continues to be that a 5% peak for the fed funds target will be reached in the second quarter," said MFR economist Josh Shapiro



To: patron_anejo_por_favor who wrote (43794)1/3/2006 8:05:14 PM
From: mishedlo  Respond to of 116555
 
Central Asia, Washington and Beijing Energy Geo-politics
321energy.com



To: patron_anejo_por_favor who wrote (43794)1/3/2006 8:30:48 PM
From: mishedlo  Respond to of 116555
 
Year of the blowback
news.yahoo.com

In "Blowback" Chalmers Johnson defined the term "as a metaphor for the unintended consequences of the US government's activities." Blowback was first used to describe the impact of our policies in Iran, where our support for the tyrannical Shah ultimately produced Ayatollah Khomeini's revolution. Later, the term captured the dreadful irony that the CIA trained and equipped Osama bin Laden, in Afghanistan. 2005 was a big year for blowback.

[...]

The common thread in these examples of blowback is the absence of a long-range perspective. George Bush and his advisors seem to be unaware that they are painting the US into a corner. One where our economy is in a deep hole, our infrastructure in shreds, and everyone in the world hates us. Not a pretty picture. Still, an accurate view of the long-range impact of the blowback resulting from the policies of the Bush Administration.