Well, I'm not saying riding the blast is a good thing, just
maybe it's time to leave the party and go to another city or something,
for safety reasons -g-
The problem:
Dollar index = 80, and falling fast (so far, maybe it will
get a bounce), pressures the Fed to raise. It did not bounce
much in May when the Fed hinted it won't lower. The pressure
is on to raise.
Housing: now falling, housing ATM not working, pressures
the Fed to lower
Economy: slowing/falling into recession, because of housing
Risk: Fed raises, dollar bounces, but housing falls.
Fed lowers, stocks rally, dollar goes into tailspin,
foreigners pull the US credit line.
Resume: Fed may be out of options, and will stay put
until the mess hits the fan. Then what? Dollar falls,
economy slows, foreigners pull our credit, Fed raises, economy
slows more, dollar falls more, foreigners start to panic. |
