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

To: XBrit who wrote (51940)6/1/2006 2:20:41 PM
From: regli  Read Replies (1) | Respond to of 116555
 
Many ways to skin a cat.

I believe we have now entered the time when there will be less and less talk about inflation but a lot more talk about a weakening economy.

I believe we will see expectations for a June rate hike drop to less than 50% likely before the end of next week. Today, I believe, was the pivot point for that switch of thinking whereby fear of economic weakness will start to outweigh most inflation worries.



To: XBrit who wrote (51940)6/1/2006 6:24:20 PM
From: Crimson Ghost  Respond to of 116555
 
Gold certainly acted poorly today, but gold stocks held up very well.

And the gold stocks usually lead gold -- not visa versa.

So I retract my earlier bearish comments.


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