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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Mike Johnston who wrote (64769)6/28/2006 5:51:38 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
The Fed is done at 5.25>

I think they are done sfter this week as well, but then the economy goes through a long brutal summer, hardly a bullish scenario.
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The economy weakens, the USD weakens, cap flows weaken taking rates even higher, and the markets weaken, leaving Bully DOA. What they do in late August will then be a moot point. The only question is will the market try to rally again for the umpteenth time on language BS?

I'm focused more on Japan and Europe at this stage, hold the key to liquidity.