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


To: TobagoJack who wrote (56166)10/9/2009 11:15:48 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 217997
 
YES That's BIC Message 25671234



To: TobagoJack who wrote (56166)10/10/2009 2:41:06 AM
From: elmatador  Respond to of 217997
 
"A Weaker U.S. dollar is part of the global rebalancing," El-Erian told economists and analysts in a speech, "Investing in the New Normal", in Toronto's financial district.

"Certain countries are going to overappreciate because they are carrying the burden of appreciation for others," he said, pointing to currencies like China's that will not gain value.

reuters.com

As Oga constantly said: It is structural is not cyclical.It will never return to where it was.

We were cheap TJ. Dirty cheap. Now we are going through a process of revaluation to be ascribed the true value.

5,3% do PIB em 2010, this year only 0,4%.

That 0.4% was only the reult of the trade finance dry up when a 'flight to quality' was tried and failed.