David Fry's Market Outlook for Friday [View article]
DJ........CEFs are just being avoided in favor of ETFs. Makes sense wouldn't you agree? We use CEFs when there is no ETF alternative. We did that IFN and then TRF for example. When an ETF was issued the premiums disappeared. We're involved with TKF but also understand an ETF is in registration. When it's issued, we'll switch most likely.
Frank.... China's economy grew at 11.9% in last period so it doesn't take much rocket science to make that judgment. Add to that India et al and you've got some healthy demand for raw materials. As to CAT, that doesn't figure in directly to "materials". Construction is slower in the States and, despite the weak dollar, the yen is also weak so maybe Asian buying for equipment is from Japan. Am I misunderstanding your question?
Thursday Outlook: Where's the Big Fall? [View article]
Poet1: I'll contemplate the "fry line" and thanks.
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David Fry's Market Outlook for Friday [View article]
Frank.... China's economy grew at 11.9% in last period so it doesn't take much rocket science to make that judgment. Add to that India et al and you've got some healthy demand for raw materials. As to CAT, that doesn't figure in directly to "materials". Construction is slower in the States and, despite the weak dollar, the yen is also weak so maybe Asian buying for equipment is from Japan. Am I misunderstanding your question?