madasiwannabe

Bond Expert: Historic Day Wraps

Today's bond and T-bill action was not in line with the global sentiment. Everyone else around the globe understands, now that Uncle Sam is in the mortgage business, America is floating paper it will be hard pressed to cover if the housing market and economy don't start looking up fast. USA has a very bad debt to income ratio...

The effect of the strengthing dollar is a big economic negative right now. Our only economic bright spot (exports) is getting killed. I wonder who's running up the American peso.

Seems kind of strange the Chinese markets are falling while the rest of the globe is going up. Dollar up and Chinese goods down helps their products dominate the global stage though. Could it be they are manipulating the markets like they did the yen? Couldn't be, Hank just gave them insider info so they could pull out of the GSE's before the big investor mugging.