Ivanovich, you don't understand
nobody eats or drives in this country
what important is that chinese dollar stores will provide you the same crap for the same prices
Dow will grow 250 points today
10% rise in 2 months is unprecendented. I don't really see how you can adjust to that.
Although I dont think it's a bubble.
Loonie will definetly will reach $5 per loonie in comming years. All the US will belong to Canada. Eventually the US will ask to become a canadian province but will be...
there is no international money in US -look at exchange rates and you will understand
it's all yen carry trade.
I really can't understand why Japan doesn't have any inflation with rates below 1% fr 15 years but from time to time carry trade stops and happens what you saw on February 27
rate hike is imminent now
ALl this one year rally was based on rate cuts.
Now housing is fine, dollar down, profits up, stockamarket booming, CPI up
there is no execuse to avoid rate hike
although our lovely Fed may still rate cut
are you joking?
from 12.000 to 13.600 in 2 months
Dow is so overbought.
It must consolidate and give entry point around 12500-13000
If it doesn't consolidate it's a bubble and it can burrst any moment
of course it can go to 20 000
it already looks like China. But being long now is too...
Ther is more oil than we need. What we need now is change the adminstration and president who works for corporations and not american people
Even without any major discoveries there is oil for several hundred years to go.
And there are some other discoveries.
Nuclear energy is cheap and...
Who will care about average Joe?
Canadian dollar up 10% in just 2 months.
its 1.09 now. and it was 1.60 4 years ago
in 4 years canadians became 50% richer than americans
Bush completely destroyed our country
people in their 30s earn 31K comparing to 35 K inflation adjusted 30 years...
there are consistant rallies when 100 - 200 thousand barrels lost. 2$ an average
3.75% equals 3.5 million barrels. It's huge it's like half of saudi arabia production. Importing from Iran can be suspended indefinetily and we can bomb them as much as we want and prices still will in 40s
Do you even know how much oil US consume?
Can you imagine what will happen with oil prices if we cut consumtion by 15%?
Is it possible to cut consumption by 15% in one day? Easy - tax energy like it's done in Europe. Gas must cost $8 per gallon
That's not true.
Dollar ained value in 90s and Dow still grew
Dollar lost value in 2001-2003 and Dow fell
Find something better.
My guess is inflation and Bernanke is a Russian spy who wants to destroy US by puting US into stagflation
In 5 years our average salary decreased almost 2 times if count in Euros
We support our current lifestyle only because of cheap chinese labour and illigal immigrants
But in 5 years even cheap chinese labour will be expensive for us
Consumer economy will be over by 2012
It's time to start...
what does happen? Nothing happened ever. Not a single concern materialized
All this market is just fear. Fear for nothing
We have so much oil we even don't have storage to put it in
Our problems are refineries not oil.
All those concerns already added probably $30 to the oil price.
oil...
I think it's a good time to short USDJPY
Yen was unable to strengthen significantly during last leg up
And profit taking considering weak economic numbers might cause carry trade unwinding
started small short 119.1
will add if it goes down from here
target 117.5 or lower
because economic problems are huge. country already might be in recession
stock market is supported by multinational companies and depreciating dollar
although sooner or later FED will be forced to hike rates to double digits in the middle of recession