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


To: sea_biscuit who wrote (70501)10/26/2007 10:47:50 AM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Economic Zugzwang: Whoever Moves Loses
globaleconomicanalysis.blogspot.com
Bernanke has nothing but losing moves. The last time the Fed slashed interest rates, the US$ index was 120, gold was near $300, and oil was near $20. Now the $ index is under 80, gold is over $700, and oil is over $80. There wont be another housing bubble or jobs this time. If Bernanke pauses to shore up the dollar, the stock market tanks. Zugzwang
Mish