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

To: Tommaso who wrote (52048)6/4/2006 11:26:39 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Federal Reserve And Inflation Targeting
If, as I suggested in a previous commentary web-xp2a-pws.ntrs.com, the Fed were to target and achieve some steady rate of growth in the credit it creates, the amplitude of real economic cycles and price cycles – cycles of both consumer prices and asset prices – would be damped

northerntrust.com

Bingo
Target credit NOT prices

I have been harping about that for a long long time.
This is the first I have seen Kasriel say it.

Mish



To: Tommaso who wrote (52048)6/4/2006 11:31:03 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Intel "stuffed the channel" causing CPU sales collapse
theinquirer.net

Analyst predicts profit warning on way

SEMI FINANCIAL ANALYSTS at Handelsbanken Capital said it is expecting another profit warning from Intel because of poor chip sales.

Handelsbanken claimed Intel "stuffed the channels with chips in February and March, the floor fell out in April, and sales dropped 52% year on year".


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