EL-GRECO

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  • My Ten Predictions for 2008
    Thomas, you're a grizzly old bear!..<g> this is indeed a possible scenario, only a little too negative. You assume the Fed and consumers will sit back and let all this happen without doing anything except drop rates (the fed) and sue banks (the consumers). c'mon Thomas, there's more to human ingenuity than that, surely?
    Dec 27 16:00 pm |Rating: 0 0 |Link to Comment |View article
  • Sliding Dollar Turns U.S Into World's Discount Mall
    Enter your comment hereWhy is it surprising that the dollar is where it is? It has been bombarded by negative propaganda for the last 3 years... If only the same level of propaganda were accorded to the spectacular rise in US exports this year as has been accorded to the deficit, people, investors, might have a slightly more positive view of things. It is a sad possibility that the stock market which is the obvious alternative to wealth creation to the now defunct property market should be so vulnerable to speculators (see oil price and the dollar) and rogue corporate practices (see banking and mortgage execs). If we do get a recession, it's coming thanks to them.
    Nov 08 06:30 am |Rating: 0 0 |Link to Comment |View article
  • Sliding Dollar Turns U.S Into World's Discount Mall
    Why is it surprising that the dollar is where it is? It has been bombarded by negative propaganda for the last 3 years... If only the same level of propaganda were accorded to the spectacular rise in US exports this year as has been accorded to the deficit, people, investors, might have a slightly more positive view of things. It is a sad possibility that the stock market which is the obvious alternative to wealth creation to the now defunct property market should be so vulnerable to speculators (see oil price and the dollar) and rogue corporate practices (see banking and mortgage execs). If we do get a recession, it's coming thanks to them.
    Nov 08 06:16 am |Rating: 0 0 |Link to Comment |View article
  • Sell the U.S. Market Before October
    I fail to understand how a US market wide sell off can occur without affecting the commodity ETF's. We know from the last few sell-offs recently that everything goes down when hedge funds are selling. It is also still a matter of debate as to whether Asia can stand up alone without western demand for its goods; in the event of a recession or stagflation is the USA, are the goods being produced in Asia going to be fully abosrbed locally? It hasnt happened yet; it could of course, but anyone who is advocating hold Asia, sell US, hasn't seen what happens to HK stocks like ACH and YZC, to name but two commodity plays, when the Dow sells off. I agree that currencies is a good way to play the scenario you predict.
    Sep 24 05:59 am |Rating: 0 0 |Link to Comment |View article

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