Short term stimulus for banks has clearly added fuel to the fire for commodity prices and is almost certain to push inflation to a level that will not easily be fixed on the back end.
Once the Soverign Funds get their cheap dollars, Expect a change of heart from FED on dollar policy. Dollar soars, equities soar, treasuries back in action....blah blah blah.
If not, if we can not service our debt, you might as well start learning chinese now...
Once the Soverign Funds get their cheap dollars, Expect a change of heart from FED on dollar policy. Dollar soars, equities soar, treasuries back in action....blah blah blah.
If not, if we can not service our debt, you might as well start learning chinese now...
Joined Feb 2007
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Status: Goal achieved
|914 Posts
With the Euro making new highs along with Aud and Chf i dont think the dollar will reversing anytime soon, weekly and monthly charts are in favor of a bearish dollar and I still belive many long term player are holding their Dollar shorts, and until their stops are wiped from the market will the Dollar gain some strength.
