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

To: Oblomov who wrote (76348)3/17/2008 3:00:39 AM
From: stockfiend  Respond to of 116555
 
Depending on the Fed's latest definition for "broad range of investment-grade debt securities" we may have just witnessed the backstopping of nearly the entire MBS market.

Countdown to deflation:
10
9
8
7
6
5,000,000,000
4,999,999,999
4,999,999,998
4,999,999,997



To: Oblomov who wrote (76348)3/17/2008 3:16:56 AM
From: Mike Johnston  Read Replies (2) | Respond to of 116555
 
For years, the US economy has been supported by the housing ATM.
Now the housing ATM has been replaced by the FED ATM.

The results will be even more catastrophic.


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