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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (69884)10/3/2007 1:52:21 AM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
what does the pricing unit have to do with it?
The argument remains illogical.
If India holds Euros and the dollar rises is it better off holding Euros or dollars?

Holding dollars because of the pricing unit is out and out stupid.
If oil was quoted in Australian dollar would they hold those? What about Icelandic Krona?

Mish



To: sea_biscuit who wrote (69884)10/3/2007 1:53:18 AM
From: mishedlo  Read Replies (3) | Respond to of 116555
 
Time to Aim High?
globaleconomicanalysis.blogspot.com
The cost of living is rising so analysts are telling people to Aim High in their investments to compensate. This is just what the Fed wants everyone to do to avoid a recession. Herding behavior (the greater fool theory) is massively in play. Aim High was the same advice given right before home prices collapsed. History is repeating with stocks.

Mish


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