Replies to post #402906 on Zeev's Turnips Patch-No Politics (ZEEV)

[girlfriend]

Hey Sherlock...you buying more HDTV here near $6?

[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??

[lostalot]

Sherlock356: Slower eco w/ inflation = stagnation, the worst for stockmarket. There is no way Fed can lower rates w/ inflation creeping in even in a slower eco. The price of crude is just too high to not worry about inflation. $50-60 crude will be the norm and its long-term adverse impact will be enormous. That Gross's track record is a shit of knowing nothing.

Still waiting for HDTV to reach $9 sometime this yr. What is your target, if HDTV would announce another OEM? Based on your description of image quality of the LG HDTV sets based on HDTV LCOS, I can't wait to get such a set for myself next yr. I wouldn't never buy a plasma due to outrageous price.