• asiablues
    03/20/2010 - 19:47
    My take on views expressed by Jim Rogers at a BBN interview on Mar. 18 about the recent currency and trade confrontation between the US and China, the Canadian loonie and the U.S. bond market.
  • Chopshop
    03/20/2010 - 04:48
    Phinance's phavorite political prisoner, Martin Armstrong, cautions that "the EU is in dire position", on the precipice of shattering. Since "debts will never be paid and interest expenditures are the greatest transfer of wealth in history ... Western society is falling apart ... If we do not act, civil unrest will explode. The current choice is DEFAULT or HIGHER TAXES & CIVIL UNREST ... Someone has to step forward to save us or we may be doomed. It's time to wake up for this is the future of our children and their children at stake. "
  • Econophile
    03/20/2010 - 00:41
    As promised, here is the complete article, "China's Fragile Economy, Its Housing Bubble, and What It Means To Us," in a downloadable PDF. You can download it, print it out, and read the entire piece at your leisure. The conclusions aren't encouraging, for them or us.

Guest Post: Dollar Closes About 50 Day Average On Dubai, Japan Emergency Meeting, And A Strong NFP Report

Tyler Durden's picture




Submitted by John Bougearel of Structural Logic

 

1
Your rating: None Average: 1 (1 vote)



by Anonymous
on Sat, 12/05/2009 - 18:37
#154106

I am going to laugh my ass off when both the US equitity market and the dollar strengthen at the same time.

by Anonymous
on Sun, 12/06/2009 - 03:39
#154336

Thanks for that insight, Leo...

by Anonymous
on Sun, 12/06/2009 - 15:04
#154580

how is a 2008 event the two-year anniversary of a 2007 event as stated in the first sentence of the report?

by Anonymous
on Sat, 12/05/2009 - 18:38
#154107

I am going to laugh my ass off when both US equitity and the USD strengthen at the same time.

by Anonymous
on Sat, 12/05/2009 - 19:26
#154129

You're not the first person to mention that. I read a bloomberg article that was calling for interest rates, the dollar, and equities to rise simultaneously.

by Molon Labe
on Sat, 12/05/2009 - 19:30
#154133

You mean like Friday? Is it inconvenient not having a poop chute?

by JohnKing
on Sat, 12/05/2009 - 19:31
#154135

Ben S. Bernanke doesn't know how lucky he is. Tongue-lashings from Bernie Sanders, the populist senator from Vermont, are one thing. The hangman's noose is another. Section 19 of this country's founding monetary legislation, the Coinage Act of 1792, prescribed the death penalty for any official who fraudulently debased the people's money. Was the massive printing of dollar bills to lift Wall Street (and the rest of us, too) off the rocks last year a kind of fraud? If the U.S. Senate so determines, it may send Mr. Bernanke back home to Princeton. But not even Ron Paul, the Texas Republican sponsor of a bill to subject the Fed to periodic congressional audits, is calling for the Federal Reserve chairman's head.

WSJ:http://online.wsj.com/article/SB10001424052748704342404574575761660481996.html?mod=WSJ_hpp_RIGHTTopCarousel

by Anonymous
on Sat, 12/05/2009 - 19:51
#154149

Well what do you know, we got the WSJ screaming the FED death nell.

by Unscarred
on Sun, 12/06/2009 - 10:05
#154413

Funny, but the WSJ has a better record of forecasting economic trends than the Fed since 2003.

December 9, 2003 editorial:

http://online.wsj.com/article/SB124572415681540109.html

Excerpt from the FOMC minutes of December 9, 2003:

http://online.wsj.com/article/SB124571683373339299.html

June 24, 2009 editorial:

http://online.wsj.com/article/SB124571726165339157.html

by Cursive
on Sat, 12/05/2009 - 21:43
#154205

I support this view.  Your thoughts, Rep. Grayson?

by Anonymous
on Sat, 12/05/2009 - 21:02
#154179

One day move up and everybody is jumping on the dollar bull bandwagon. Don't forget that the DXY constitute many other currencies beside the JPY,and with the Aussies high interest(I don't know about the Canadian or the NZ Dollar). So there are many other hurdles in front of the dollar. And what about perception and phsycology?. QE and all,only when I see the Eurozone and at least one other smaller economies (may be the Canadians)join the wagon of QE,then we can talk about a dollar ralley...

by time123
on Sat, 12/05/2009 - 21:52
#154208

UJPIX up 21.36% in just a week. If only you knew ahead of time, on Nov 30 to get in! admin http://invetrics.com

by Grand Supercycle
on Sat, 12/05/2009 - 23:53
#154279

The bear market rally shows signs of weakness.

We will make new equity lows according to my charts and my USD indicator has been giving BULLISH warnings for several months and am still expecting a dollar rally.

My indicators can identify trend changes before they occur.

They warned me of an impending market crash back in early  *2007*

http://www.zerohedge.com/forum/market-outlook-0

by SilverIsKing
on Sun, 12/06/2009 - 00:12
#154288

Perfect set up for the Treasury auctions next week.

by order6102
on Sun, 12/06/2009 - 03:12
#154331

another great example of grandma wisdom "market participants need to be cautious [] ether long or short"... Its in the same great league as never talk to strangers, and wash hands before dinner 

by Spitzer
on Sun, 12/06/2009 - 13:43
#154521

Japan will sell into this strength, thats the rumor anyway.

 

Who the hell would not sell into USD strenght ?

 

 

by Anonymous
on Sun, 12/06/2009 - 21:59
#154861

Excellent and prescient.. give or take a year! (in your headline you do mean Nov 25, 2009, don't you??.)Seriously, I agree a strong rally is indeed coming, although beyond 6 months I would not bet on dollar strength: the conflicting effect of the printing press up against (what I believe is) the "shock of the new": a deep American consumer disenchantment with your economic model,is just too destabilising. Worsened by your political divide: US reminds me of UK at the start of the Thatcher era - dramatic polarisation. When, as now in the US, each side sees the other as implacable enemy to be deleted from the political scene rather than loyal opponent with whom one can argue rationally, it means you are close to a very major watershed in your polity. Given US' global position, that is pretty disturbing to the rest of us.

by Anonymous
on Mon, 12/07/2009 - 09:18
#155157

you mean "above 50 day MA"?

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.