Mr. G

The World Financial Markets in Eight Charts

The surprising metric is the continued market for tipps and treasuries notwithstanding the dollar decline. I suspect a depreciating dollar helps us out of a crisis as the US pays back a depreciated currency at time of redemption. No wonder everone is screaming about the dollar as a reserve currency, yet they keep on buying. Truly one of the great mysteries of the present stance of the global markets.

Get Out of Commodities - Barron's

At least, the author recognizes that commodities are dollar denominated. If you believe the US treasury wont be printing any more money to devalue the dollar as the FED tries to bailout the massive institutional crisis, then I could agree with the author. However, I think this is another example of eternal optimism seen on CNBC as the pundits try to control market sentiment. I see more downside risk as the CDO and debt writedowns keep appearing.

A Warning for U.S. Dollar Bears and Commodity Bulls

ANYONE WHO THINKS DOLLAR DEFLATION IS OVER MUST BE WEARING BLINDERS OR ROSE COLORED GLASSES. I AGREE WITH THE AUTHOR ABOVE. NOT MUCH CAN BE FORECAST FROM A TEMPORARY MEASURE BY THE FED. AS THE MARKET ONLY FOCUSES ON ONE FED MOVE, DONT FORGET THE NEXT WAVE OF FORECLOSURES AND BANK WRITEOFFS TO CONTINUE THE DOWNWARD SPIRAL FOR THE DOLLAR AND CONTINUED COMMODITY INFLATION