Friday, January 5, 2007

BONDS PLUNGE...

THIS JOBS NUMBER...HOWEVER FAKE...NOW SETS THE STAGE FOR MORE RATE HIKES WHICH BERNANKE SHOULD NEVER HAVE STOPPED IN THE FIRST PLACE!

BUT THAT SECOND HALF OF 2006 STOCK BUBBLE WAS JUST TOO DEAR TO THE DESPERATE REPUBLICANS TO NOT TRY IT...! ALAS, IT DIDN'T WORK AND THE DEMOCRATS WON ANYWAY...

SO NOW RATES ARE GOING UP AT THE NEXT FED MEETING... BLAME IT ON STRONG JOBS...OR CALL IT TRUTHFULLY: THE WEAK DOLLAR...

RATES ARE GOING UP TO AT LEAST 6.5 ON FED FUNDS THIS YEAR...

THE RATE CUT SCENARIO IS NOW HISTORY!!