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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (37376)8/22/2003 8:20:47 AM
From: Haim R. Branisteanu  Read Replies (1) of 74559
 
Jay I can not agree with you more >> suspect USD will be a key consideration in my figuring, because my accounting base is in USD. I believe we are living through some of the most dangerous times for capital, <<<

I see the recent FX move and mostly the exchaberated rise of the EUR as a way of financial punishment of the Europeans for their opposition to the war in Iraq.

this week FX moves may signal for thinks to come

If you take into account all the political statements since March April, emanating from FED and US Treasury you will realize what I mean.

The same trick was done to the Fix Income market by spreading the notion of deflation only to reverse course due to a "CPI calculation inaccuracy" only to reverse itself on a dime. The 15% swing with in a matter of 6 weeks or so is
am indication of things to come

Again the key is China in this whole play and is beyond me that their approach is. I can only speculate that they agreed to hold on huge amounts of US assets to enable work for their citizen. I similarly think the same about India.

Presently the US rein supreme military and financially and this will come IMHO to a bitter end with substantial turmoil and instability.

The spark may be from Saudi Arabia or other ME players, but IMHO there is no way that a 10% of GDP twin deficit can continue for ever.
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