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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (3619)12/18/2003 9:04:34 PM
From: mishedlo  Respond to of 110194
 
China will play ball as long as it is in their best interest

Exactly
As soon as every last job is outsourced there that can possibly happen, watch wage rates there skyrocket (%wise).
We will be totally screwed. What will we do, migrate our factories to Brazil?

Long term we are F*d
M



To: LTK007 who wrote (3619)12/18/2003 10:14:03 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
No matter what it takes!
Can someone get an opinion from Heinz on exactly what this means, for the Yen and the US$ and anything else he cares to comment on.
quote.bloomberg.com

Dec. 17 (Bloomberg) -- Japan's government will seek authority to spend at least 40 trillion yen ($372 billion) more to stem the yen's gains through purchases of foreign currencies, two Ministry of Finance officials familiar with the matter said.
. . .
"The government needs to send a clear signal it can keep selling yen, no matter how much is needed," said Hiroaki Muto, a senior economist at Sumitomo Mitsui Asset Management Co. . . .



To: LTK007 who wrote (3619)12/18/2003 10:54:26 PM
From: yard_man  Read Replies (2) | Respond to of 110194
 
give you my opinion -- everyone is looking in the wrong place -- it's not about when foreigners get tired of buying our debt --

it's when J2P realizes it is not any longer in his best interest to take on more debt, no matter how much lower rates are going to go. I think we are getting close to that pt.

When imports to this country start dropping -- intervention subsides on behalf of the buck -- I think it IS that simple.

Intervention only slows the slide, after all, it doesn't stop the slide.



To: LTK007 who wrote (3619)12/27/2003 8:08:58 PM
From: Big Dog  Read Replies (1) | Respond to of 110194
 
max: What do you believe will happen to the stock market during the first and second halves of 2004?