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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (23234)	9/27/2007 12:27:29 PM
From: Arran Yuan	Respond to of 217896

Jeeze, that is so swift a snap back! Will Pham's caution be proven right? I guess so.

To: TobagoJack who wrote (23234)	9/27/2007 6:59:06 PM
From: Logain Ablar	Respond to of 217896

Wait till there is a bad hurricane season. They will go lower. The northeast (at least in CT & MA), while plenty of inventory is still not seeing large % haircuts.

To: TobagoJack who wrote (23234)	9/28/2007 2:08:51 AM
From: elmatador	Respond to of 217896

G7 central bankers’ meeting in Washington Oct. 20. concerned again about dollar weakness. The Fed is still worried about inflation, the French government believes the euro is overvalued and even German ministers are showing concern. Falling dollar Mansoor Mohi-uddin, UBS Published: September 27 2007 19:02 \| Last updated: September 27 2007 19:02 The Group of Seven central bankers’ meeting in Washington on October 20 is set to be one of the most important of recent years for?currencies,?says Mansoor Mohi-uddin at UBS. “The dollar is falling, yield curves are steepening and investors are concerned about inflation,” he says. “Next month’s participants are likely to recall the Louvre meeting of February 1987. At the time, the dollar was also falling after the 1985 Plaza Accord. Bond yields were increasing and inflation was rising. The G7 acted to stop the dollar falling. But it failed to co-ordinate policies. “Germany raised rates in the summer of 1987, bond yields rose further and the dollar kept falling. Wall Street crashed in October of that year. “G7 policymakers are concerned again about dollar weakness. The Fed is still worried about inflation, the French government believes the euro is overvalued and even German ministers are showing concern. “If the dollar continues to slide, the G7 can warn the markets that its members stand ready to act. The last intervention by G7 members in September 2000 helped put a long-term floor under the euro. So any warning about the risk of intervention should be heeded now.” Mr Mohi-uddin believes European central banks are unlikely to follow the same tightening path as the Bundesbank did in 1987