I agree about owning TIPS--no point if the government continues to lie and say inflation is "elevated" at 4%. In reality inflation is around 7-10%. Ask anyone on the street and they will tell you prices have gone sky high. But it seems that Chairman Ben is the last guy to know it.
Wednesday Outlook: The Bad News Is the Good News [View article]
As always, thanks David for the charts. I find them really useful. I also appreciate your remarks.
ps. I am so sick of these dollar bulls saying that the dollar has finally bottomed. Everytime the dollar ticks down I have to hear that we have finally hit a bottom and it is all up from here. LOL! Next stop for euro/dollar 1.65. You have to hadn it to Trichet about holding the line on interest rates and trying to stop inflation.
Friday Outlook: Resumed Stability? [View article]
Wednesday Outlook: The Bad News Is the Good News [View article]
ps. I am so sick of these dollar bulls saying that the dollar has finally bottomed. Everytime the dollar ticks down I have to hear that we have finally hit a bottom and it is all up from here. LOL! Next stop for euro/dollar 1.65. You have to hadn it to Trichet about holding the line on interest rates and trying to stop inflation.
Tuesday Outlook: Déjà vu All Over Again [View article]