Friday Outlook: Commodities, Global Markets [View article]
I'm starting to believe this rally and now i'm starting to think all this cheap money could spark the mother of all booms in just about every asset class until it is reigned in.
I don't think that is correct. Much of the 'extra money' placed in the system is idle, banks not lending, stronger consumer credit standards, end users not even wanting the credit after feeling all of the pain. Just when everyone thinks that this rally is real is when it will reverse.
On Sep 11 07:38 AM ozcutty wrote:
> Chuckys not buying and Buckys falling, i like it David! > I'm starting to believe this rally and now i'm starting to think > all this cheap money could spark the mother of all booms in just > about every asset class until it is reigned in. See todays Bloomberg > about all the Chinese gearing up to invest in shares and posible > sovereign wealth fund investment in US realestate. If you take away > all the inventory, things could move from bust to boom incredibly > quickly. Just look what clunkers did to cars.
Friday Outlook: Commodities, Global Markets [View article]
I don't think that is correct. Much of the 'extra money' placed in the system is idle, banks not lending, stronger consumer credit standards, end users not even wanting the credit after feeling all of the pain. Just when everyone thinks that this rally is real is when it will reverse.
On Sep 11 07:38 AM ozcutty wrote:
> Chuckys not buying and Buckys falling, i like it David!
> I'm starting to believe this rally and now i'm starting to think
> all this cheap money could spark the mother of all booms in just
> about every asset class until it is reigned in. See todays Bloomberg
> about all the Chinese gearing up to invest in shares and posible
> sovereign wealth fund investment in US realestate. If you take away
> all the inventory, things could move from bust to boom incredibly
> quickly. Just look what clunkers did to cars.