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


To: mishedlo who wrote (52100)6/5/2006 5:33:09 PM
From: Steve Lokness  Read Replies (2) | Respond to of 116555
 
Mish;
<The market thought as much of Bernanke's speech as I did.>

Care to share what it was that was unacceptable? I mean the guy can't be faulted with what Greenspan dumped on his lap. I thought his voice was strained as he took the hard road. .....If the fed is going to combat inflation and a falling dollar, don't they have to keep raising rates? Even if that sinks the market?

Don't you think that fed is stuck between a rock and a hard place? From Ben;

<Therefore, the Committee will be vigilant to ensure that the recent pattern of elevated monthly core inflation readings is not sustained.>

I would appreciate your comments

Steve



To: mishedlo who wrote (52100)6/5/2006 5:53:17 PM
From: CalculatedRisk  Respond to of 116555
 
Something we can all enjoy ....

Yosemite Live Cam




To: mishedlo who wrote (52100)6/5/2006 6:24:31 PM
From: Chispas  Respond to of 116555
 
" Yields on fed funds futures contracts placed the odds of an increase by the central bank at its policy meeting on June 28 and 29 at about 72 percent, up from about 48 percent before Bernanke spoke in Washington today..."

Volker would be proud...here's the entire article :

quote.bloomberg.com



To: mishedlo who wrote (52100)6/5/2006 8:09:34 PM
From: yard_man  Read Replies (4) | Respond to of 116555
 
Re Current banking trends: Somebody help me out here -- have you noticed that fewer checks take any time to clear in your checking account. Have the rules been changed so that anyone I write a check to can automatically debit my account??

I think I missed something here ...



To: mishedlo who wrote (52100)6/5/2006 11:22:33 PM
From: shades  Respond to of 116555
 
The best way to prevent increases in energy and commodity prices from leading to persistently higher rates of inflation is by anchoring the public's long-term inflation expectations.

As the the 1946 fed and mosler just showed from recent fed papers - they are getting into the business of "thought control" now and going to engineer our "EXPECTATIONS" Great!