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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: CalculatedRisk who wrote (589)2/25/2004 1:02:46 AM
From: mishedlo  Read Replies (2) of 116555
 
Hmmm ... a bond rally would make the BOJ happy since they have been buying Treasuries. But wouldn't the dollar drop like a rock against the Euro? Wouldn't oil prices jump with the falling dollar, since OPEC is apparently marking to the Euro?

Yes across the board. Except that Japan would not be happy with rising YEN which you did not mention. It would also be good for gold and silver most likely.

Mish
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