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

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To: russwinter who wrote (76051)12/19/2006 10:50:46 AM
From: jimmg  Read Replies (5) of 110194
 
<<<If Thailand is any indication, you now have the exact reverse of the 97-98 Asian crisis:

If Thailand was any indication, the yen would be skyrocketing. It's flat today.

There is no crisis brewing right now. Watch long bonds, credit spreads, xlf and xbd.

Why would the Fed hike rates because the dollar is weak vs. the Thai Baht?

Obviously the current situation is not sustainable but to think the us markets would be getting routed because of the Thai baht is unrealistic.
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