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


To: russwinter who wrote (15359)6/16/2004 11:45:55 AM
From: Haim R. Branisteanu  Respond to of 110194
 
russ, my problem is that I would not disagree with the sorry state of the US economy as all the present "prosperity" is build on debt aka 100% financing for homes etc. but the question I have is the whole world so dumb as to ignore the lack of saving the mountain of debt and the even growing trade deficit ? not to mention the rising inflation which should lower the UDX value and not increase it.

Bottom line who is running the show it is obvious that it is not fundamentals

..... or all my assumption are completely wrong



To: russwinter who wrote (15359)6/16/2004 11:56:15 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 110194
 
further to my previous post - I do not think that UDX carry trades are so huge as to dampen the fall of the UDX