No more free $$$; No more 100% up room
- Thread starter The Kin2
- Start date
how do you know this is true and perhaps this bond move wasn't mostly caused by hedging of mortgageback portfolios?
This is the news that Kin is referring to:
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8d6Q0WbFht8&refer=worldwide
http://www.bloomberg.com/apps/news?pid=20601087&sid=a8d6Q0WbFht8&refer=worldwide
What end of credit bubble?!
Look forward to even more global asset inflation. Probably in Africa and South America.
China's government announced in March it would establish an agency modeled on Singapore's Temasek Holdings Pte to manage part of its foreign-exchange reserves. Analysts estimate the State Investment Co. may start with $200 billion in capital.
Too bad they won't be buying American products since we barely make anything. They'll be buying Chinese/Japanese/Euro goods more likely. I don't really blame them. And if China is the one who has $200B to invest, you don't think they'll use that money as a carrot over the nose of governments to gain increasingly greater leverage into those countries you claim will help the credit bubble?
Yeah but they are buying index futures with the proceeds.
I see Dow 25K and rates at 15% in 6 months.
That was a scary correction this morning. I though the pain would never end.