Seeking Alpha

Moon Kil Woong » Comments » ARO

  • Jobs Improve, Retail Sales Still Weak [View article]
    First, the Dow should not be at 5000 if inflation is cropping up, what should happen is bonds falling flat on their face as people rush towards commodities and stock to hedge inflation which is happening now.

    I agree that the unemployment number doesn't mean much and retail sales are weak as expected. I don't see it getting much better as inflation rears its ugly head. However, one can't fully blame Obama. The inflation steam train started back with Bush Jr. and the with Fed choosing monetary expansionsm including QE, Zirp, and TARP. Those alone are enough to make the dollar plunge in value. The effects of PPIP, a massive deficit, and Obama stimulus haven't even been fully factored into the inflation we are seeing now. Those are extra bonuses we will get later down the road with even higher inflation. Jimmy Carter here we come thanks to politicians (Republicans and Democrats) and the Fed (that quasi governmental entity charged with protecting the value of the dollar cough, snicker).
    Jun 05 01:35 am |Rating: 0 0 |Link to Comment
More on ARO by Moon Kil Woong
Comments by Ticker
A, AA, AAPL, ABB, ABC, ABK, ABT, ABX, ACI, ACLS, ACN, ACTL, ACWI, ADBE, ADE, ADM, ADP, ADRE, ADSK, ADXTF.PK, AEM, AERG, AET, AFAM, AFG, AFL, AGG, AGIBY.PK, AGNC, AGO, AGP, AGU, AHR, AIA, AIG, AIG.PA, AIS, AIV, AKP, ALGT, ALTR, ALU, AMAT, AMD, AMGN, AMKR, AMR, AMT, AMTD, AMX,
Moon Kil Woong is a
Top 10 Commentor
2641 comments
Rating: 6597 (9191 - 2594 )