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

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To: John McCarthy who wrote (104458)11/17/2009 4:59:53 PM
From: Skeeter Bug2 Recommendations  Read Replies (1) of 116555
 
the dollar carry trade... and it is losing some steam as dollar owners are selling out along with the carry traders. less of this money is going into over priced equity fluff.

it looks to me like it is going into hard assets, including gold.

the carry trade is confusion people into thinking the economy is recovering.

it isn't. in fact, the carry trade *hurts* america's economy.
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