PDL27

Friday Outlook: Commodities, Emerging Markets

David, thanks for your commentary as usual. I hope you won't take the bait and try to respond to bosun.j -- there are elements to that screed that beg for a response but it hardly seems worth it since bosun.j seems completely immersed in ideas and opinions whose validity is not only questionable but has been proven wrong throughout history.

Anyway, for one who still believes that "Wall Street" still serves an important function in our capitalistic society and that there is nothing wrong in trying to generate decent returns from our investments and seed capital which was generated by our own labor over many years, some of which were producing widgets at a reasonable profit and not merely for the benefit of society, we appreciate your analysis of the ETFs in your universe. Unfortunately, they paint a rather dismal picture at the moment and I'm afraid that's a pretty good assessment of both the current and near-term economic situation for our beloved country and the world as a whole. Maybe Mr/Ms bosun.j should consider what your trivial graphs "tell" about the challenges facing this country and its evolving leadership.

Thanks for your work.