"A renewed drive to cut the deficits"
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh97086_2004-12-15_20-31-01_n1538605_newsml
Bush said yesterday....really? How he gonna do that? more manipulation of data? He gonna open a lemonade stand?How he gonna start a $2 trillion SS fix? will that LOWER the deficit? Cut military spending? STar wars? (which failed another missle test and is a HUGE waste of money) HAs he vetoed ONE spending bill? He has MORE hot air than a zeplin.
Factoid, 2004 has been another RECORD year for US funds going into Foreign markets.And it is no coincidence than these markets are then performing VERY well, and that the EURO hit an alltime high.Think back.....isn't this the opposite of what happened at end of bubble?
In flow of funds into the US drove up equity prices and the dollar! Foreign buying of our bonds hit a record high in DEC.....BONDS are obviously right at some important trend lines of support for recent higher highs and lows.How significant is it that the US is a ZERO savings historic low? same time debt at historic highs? 25 year trend of lower rates?
IIAA poll just hit a 3wk avg 17 yr high of bullishness....SEVENTEEN YEAR HIGH and not daily......3 WEEK AVG!EVERYONE KNOWS ABOUT DEC INFLUENCE and are playing it textbook......what happens to the easily predictable?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment