Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

>>IMO if this happens, equities will be very happy. This is also the opinion of Don Hays, who has been calling the macro-market pretty well for a few years now. <<

Earth to Joe Stocks, why the confusion on bonds tonight???

Sherlock, Why would equities be "very happy"? Gross sees the 10 year going to 3%. For the 10 year to go to 3% would mean the economy really sucks. Why would equities be happy in a poor economy? If Greenspan stops raising rates at 3.5% he is essentailly saying "batten down the hatches".

"Slowing global economy = "Happy equities". What am I missing??