Hello Maurice, I showed up later than usual at the office (10:00am), chomped down two pieces of toast, one with jam, and the other with peanut butter, and flipped the 3-D version of International Herald Tribune, Financial Times, Wall Street Journal, and Economist.
Here are some random thoughts:
iht.com
“Reality makes way for the Bush script”
(the photo on hard copy showed Condo Rice the adviser, and Vera Wang, the wedding gown designer, chatting with Oprah, the entertainer)
… and I figured, ‘short the USD-universe’.
iht.com
“CANBERRA: Minutes after President George W. Bush finished an hourlong meeting with moderate Islamic leaders on the island of Bali, he approached his staff with something of a puzzled look on his face.”
… I pondered, ‘short the USD-territory’.
iht.com
“Tycoon who defied Putin jailed -- If Khodorkovsky remains in jail, some experts estimate, the Russian stock market could drop by as much as 10 percent on Monday, and oil stocks could remain under pressure for months”
… I wondered, ‘get ready to augment Yukos position’.
iht.com
“Religious lobby finds a good friend in Bush … foreign policy”
… yup, you guessed, I thought, ‘short the USD-space’.
iht.com
“Thomas L. Friedman: Expand NATO to Iraq, Egypt and Israel”
… I suspect I will be adding to my gold.
news.ft.com
“Dollar link with equities becomes more obvious
What began as a quiet week on the currency markets developed into a continuation of two recent themes: the dollar's ongoing weakness and the rise in higher-yielding currencies.”
… I deliberated, ‘continue to augment resource positions’
online.wsj.com
“Australian, Chinese Gas Accord
May Be Valued Up to $21 Billion
… The Gorgon deal is conditional on the procession of the massive field off the coast of Western Australia to a commercial stage. If realized, the transaction will further intertwine Australia's energy trade with one of the world's most dynamic economies.
Subject to the completion of formal contracts, the Gorgon partners have agreed to sell a 12.5% holding in the project to Cnooc Ltd., according to Western Australia government officials. The Chinese offshore oil operator will contribute A$1 billion to the A$11 billion development of Gorgon, which has been derided in the past as unlikely to get off the ground.”
… I said to myself, ‘remember to buy CNOOC’.
Chugs, Jay |
