LT,
I try to use your logic to argue. It is FYI from me.
The $$ is not going higher against Yen and euro, so we should see mild inflation, and we have to thank A.G., your clown, my... I don't know what to say. Anyway, I assume foreign markets will or have already been lifted for that reason. They buy securities in their own markets. To diversify, they should also buy something not in their markets, especially when $$ is lower, they should buy MSFT, PFE, etc that they dream to have. Since those large caps are the market over here, you probably will not see US market go too low, if not go higher. The small cap Russell 2000 has been performing poorly lately, and this further confirms my speculation. That is also why the tech is on drug w/ financial aid. And many more reasons...
I still don't see gold can go up, like I don't see other commodities go up, even we have lower $$. We probably over-estimate the foreigners.
Hey, I am a foreigner,.. what am I saying... :-) |
