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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (13552)	2/4/2013 9:06:12 PM
From: ggersh	2 Recommendations Read Replies (1) \| Respond to of 33421

The euro is screwed every which way you look, odds are not in it's favor, never was. All the assessment's are spot on, for better or worse some of that used to be considered bearish, but with the every 3 lettered devil racing to the bottom how does it end? "can the FED hold the long end of the bond market down forever? No." Maybe not but does he have any choice? He wants out next year anyhow, correct? Global recession is where we are, it will be prolonged, nothing has been fixed. The one question I have is, with every CB debasing at the same time are currencies useless as a tool in controlling trade? Garry