Guest Posted November 17, 2003 Report Share Posted November 17, 2003 Why the Fed Will Have to Hike by Steve Saville In the 22nd October Interim Update we explained why we think the Fed will have to hike official interest rates over the coming 12 months by more than the market is presently anticipating. Then, in the 29th October Interim Update, we predicted that the Fed would begin talking about the risks of rising inflation by the 28th January FOMC Meeting. We are now going to revisit this matter because it is so important and because we perceive a large mismatch between the consensus view and what is actually going to happen . . . Link to comment Share on other sites More sharing options...
Guest Posted November 17, 2003 Report Share Posted November 17, 2003 . . . . . . . . . . . . . . . . Beagle Mix Mom With Her Puppies . . . . . . . . . . . . . . . . . . . . . . .Scioto County Dog Pound Link to comment Share on other sites More sharing options...
Guest Posted November 17, 2003 Report Share Posted November 17, 2003 How could anyone resist giving them a home.... Looks like a seatbelt and hard hat trading session coming up Link to comment Share on other sites More sharing options...
Ned38 Posted November 17, 2003 Report Share Posted November 17, 2003 OT Looks like Briefings new websight service bites. Plus they want to jack me from 9.95 per mo. to 24.95 for the "Live Headlines" I was getting. Time to click the "unsubscribe" button Link to comment Share on other sites More sharing options...
The brown one Posted November 17, 2003 Report Share Posted November 17, 2003 Is that a record for IDSWM? 2 pages!!! Link to comment Share on other sites More sharing options...
Guest Posted November 17, 2003 Report Share Posted November 17, 2003 Is that a record for IDSWM? 2 pages!!! Actually I think IDSWM cracked 2 pages back at the beginning but it was a one-off.. Link to comment Share on other sites More sharing options...
Bearbones Posted November 17, 2003 Report Share Posted November 17, 2003 Nikkei down 3.74%. Most other markets down 1% to 2.5%. Treasury yields dropping. Their has been a very good multi-year correlation of treasury yields and the Nikkei. Could be coincidence or the deflationary wind coming from the East. Link to comment Share on other sites More sharing options...
machinehead Posted November 17, 2003 Report Share Posted November 17, 2003 Nikkei down 3.74%. Most other markets down 1% to 2.5%. Treasury yields dropping. Their has been a very good multi-year correlation of treasury yields and the Nikkei. Could be coincidence or the deflationary wind coming from the East. The 30-year T-bone yields 5.03% this morning. A hard smash in the stock market would easily set up a test of the 5.00% round number yield. Speaking of round numbers, the Nikkers dropped below 10,000 on the same day the Honkers fell below 12,000 (employing aussiebear's terminology that the pros use ). Meanwhile, the Dow seems to have suffered a failure, in that it reached 9,900 but never even challenged 10,000. Is the Dow Jokes the world's "weakest sister"? Link to comment Share on other sites More sharing options...
Janitor Posted November 17, 2003 Report Share Posted November 17, 2003 Jes checkin in SA markets down 2% (across the board weakness) Flopsie 100 in London holding up remarkably well, only down 0.9% Link to comment Share on other sites More sharing options...
Slothrop Posted November 17, 2003 Report Share Posted November 17, 2003 Jennifer Alban "Current Yield" column in current Barrons: fed futures trading suggests we won't see a rate hike until May or June. Link to comment Share on other sites More sharing options...
BeerMarket Posted November 17, 2003 Report Share Posted November 17, 2003 Jennifer Alban "Current Yield" column in current Barrons:fed futures trading suggests we won't see a rate hike until May or June. machinehead: does this affect your support of the strong dollar? Link to comment Share on other sites More sharing options...
GregFokker Posted November 17, 2003 Report Share Posted November 17, 2003 I'd love a bounce today. Shouldn't have covered my short Fri afternoon. Link to comment Share on other sites More sharing options...
Bearbones Posted November 17, 2003 Report Share Posted November 17, 2003 Some fx research data shows that, if the dollar decline runs true to form, it will fall at least 25% from its peak and take at least three years to do so. Chances are, given central bank meddling, it will take longer and fall further. The American economy remains uncompetitive globally. The dollar decline of about 12% so far has had little to no impact on our trade balance. This dollar decline isn't just happening to us. It is a global issue. The imminent failure of the world's reserve currency is the primary driver in the move to gold, in my opinion. The authorities will let the water out of this bathtub one drop at a time if they can. It's not a matter of making money in gold or commodities, but when to add to positions. Enter the chart-meisters Link to comment Share on other sites More sharing options...
BeerMarket Posted November 17, 2003 Report Share Posted November 17, 2003 PMCS gets a downgrade to suctor underperform from CIBC. Underperforming that suctor in the near future could be very ugly. Link to comment Share on other sites More sharing options...
wndysrf Posted November 17, 2003 Report Share Posted November 17, 2003 I'd love a bounce today. Shouldn't have covered my short Fri afternoon. You'll get your chance. Its Scam Week. Link to comment Share on other sites More sharing options...
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