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


To: mishedlo who wrote (87958)10/8/2008 5:26:00 AM
From: Sea Otter1 Recommendation  Respond to of 116555
 
Indeed, coordinated rate cuts appear imminent. Everyone seems to expect them. Unfortunately, they're probably already factored into the market.

I'm in SE Asia at the moment. Panic hereabouts, and lots of conspiracy theories (usually featuring an evil America intent on destroying world wealth).

That said, Asian shares are getting cheap - and Asia has a future imo. A few more bloodbaths and I'll start slowly averaging in.