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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST

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To: TobagoJack who wrote (21757)8/30/2007 2:52:12 AM
From: energyplay  Read Replies (1) of 217942
 
Not all the Wantanabes will be wiped out - many have equity holdimgs, most unleveraged, in Japan, US, and European name brand multinationals, most of whom are making good profits selling Asia sourced products (China etc.) to the world and capital equipment and luxury goods to BRIC countries.

When the Yen / market starts to be less correlated - market down sharply but the Yen up only a little, or both flat for days... then the Yen carry trade will be mostly spent as a force.

There will still be bad news from all those mortgage resets coming...

Bloomberg now talking about sub-prime mortgage delinquencies in the UK !
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