Gogy

2 Comments

    • Buying the Dollar? Be Selective. [view article]
      I like her posts because she only provides economical data and not so much fancy TA. She made some good predictions but remember one thing nobody can predict 100% what will be in future. Even largest participants' scope of time is from a minute to 30 minutes. May 04 05:46 PM
    • 5 Reasons Why the U.S. Dollar Will Weaken Further [view article]
      I appreciate Kathy's effort to enlighten some readers. Dollar’s futures seems very dark, because our HELIBEN is going to print more money and in 4th Quarter there will be massive credit resets (like alt-a, option ARM some primaries and so on). Subprime was only 25% losses from this credit crunch. Also in U.S interest is to have a weaker dollar, therefore they can rob Chinese who are buying treasury bonds and also narrow a trade deficit which is the only good working part of U.S economy. Housing market is in ruins and will worsen and also many people are loosing jobs and consumption is falling. Heliben is aware of who bad are things and he is only trying to save peoples’ homes (with lower IR which will for a little low ARM rates) and bring more money to boost consumption, investing and making new bubbles, but counter effect is inflation and cooling of others economies. War on Iraq will just deepen budget deficit and make more debts to other nations. For EU things look very bad. It will suffer from inflation, bigger trade deficit and European banks and some funds who invested in securities. EU will try to fight for lower euro but they can't do anything about it what has said Trichet on last EMU meeting "We will not cut rates soon and our biggest threat is inflation which is 3.2%". Global economy is heading to unavoidable recession what will burst credit and housing balloons. I also find out very interesting theory about Amero what is possible option soon. For stock markets in 3 Q will many companies report good earnings from Olympic Games and that will drive stock markets up. It’s hard now to predict what future of US Dollar is but as long as in US interest is to have a weak dollar, it will be. And falling can be stopped only with a huge CB’s intervention.

      regards
       Mar 09 04:24 PM
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