sunnsea

Why a Japanese Style Recovery Model Can't Happen in the U.S.

There's no basis for any commodity increases at this time and no inflationary threat. It is simply banks and others day trading over supply of TARP money and looking for sectors that they have not yet inflated since March 9. Every time the Fed pumps, banks day trade the pump to make up for losses. Trouble is the no matter how much pumping goes on, the returns to the banks from their trading become less and less because their true losses are so huge. Marli, I like your analysis for the yen carry trade but you also have to take into account the Euro-oil correlation. The Euro goes up so does in the price of oil, still priced in dollars, for example.