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


To: Cogito Ergo Sum who wrote (4293)1/2/2004 12:29:31 PM
From: russwinter  Respond to of 110194
 
<Or am I asking when does the USD bottom?>

When some kind of meaningful (not token, such as talking tough) interest rate defense is mounted, possibly Fed induced, but more likely foreign induced. Otherwise everybody in the world will continue to put on input related and/or capital flight carry trades against the USD.

Wonder how much Japanese taxpayers lost today in the bond and dollar rout? Will they get a margin call <g>?