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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 (87915)10/24/2007 6:01:10 PM
From: bart13  Read Replies (1) | Respond to of 110194
 

What i am curious to see is, how will they spin an eventual 30% inflation rate into an official 4.9% core CPi reading.




"Any sufficiently advanced technology is indistinguishable from magic."
-- Arthur C. Clarke

<g>



To: Mike Johnston who wrote (87915)10/24/2007 6:42:52 PM
From: ggersh  Read Replies (1) | Respond to of 110194
 
Lets see...With the Dow at 17,000 and the price of gas at 3.89.9 Heating bills of $600 p/m and unemployment at 4.7 % how bad can it be. CNBC, we have a Goldilocks economy. Interest rates at 3.5%, but we have a Strong Dollar policy. What suprises me is that havent spun California fires as taking Home Inventories down, Rebuilding there will cause a boom. BUY BUY home building stocks.......



To: Mike Johnston who wrote (87915)10/25/2007 11:13:42 PM
From: John Vosilla  Respond to of 110194
 
'What i am curious to see is, how will they spin an eventual 30% inflation rate into an official 4.9% core CPi reading'

So when is this going to happen? Shouldn't housing inventory have to tighten dramatically first with prices and rents also trending much higher along with all the other stuff we see? I'm more conservative expecting 12-15% tops down the road with rising long term rates and stagflation putting a lid on it. Still a bit more than Mish is expecting I'm sure<g>