damienhaas

Tuesday Outlook: Commodities, Global Markets

David Thanks again for the great effort!

Weak Dollars does not mean that US export is competitive. US goods that are technological normally price at a premium and not many competition except maybe Europe. US will always a big chunk of these type of businesses. However for consumer products and human intensive products, even if the dollars fall by another 20 percent, it will not competitive as they cannot match the low cost environment of the Asia, South America and Eastern Europe producers. Furthermore, a lot of US industry has been outsource to other countries and they are paying these employees in their local currencies. So having weak currency not necessary will help improved the business overall.

Thursday Outlook: Commodities, Global Markets

Cristian

What David is saying is an asset bubble of all class. Stock, commodities, High yield currency and according to Robert Shiller, Real Estate now.

As for consumer, they just don't care as long as asset price is high.