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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TobagoJack who wrote (2603)11/25/2003 11:34:31 AM
From: russwinter  Read Replies (4) of 110194
 
The thing I find most interesting about this bank bailout news account is the use of "foreign reserves" to do it. Gee, does that mean the Chinese don't show up at those US treasury and agency auctions any more?

Increasing strain in raw commodities to feed the Chinese boom. LME copper inventories have been dropping about 1% a day. Nickel is practically gone, scroll to third chart from bottom:
metalprices.com

Shipping rates are heading back up again too, there's a supply shock out (more than just runaway Chinese demand) there IMO, and personally I think it will be energy.
quote.bloomberg.com
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