johnbee

Today in Commodities: Dollar Doom?

Its fear that drives the $US up and less fear down again. That's the call.

Eurozone's March PMI Hovers Near February Lows

The Europeans would rather see company profits fall, unemployment rise, and asset values fall, rather than damage the Euro value with inflationary moves. Lets see who is right in time.The Germans or the US. The £ is dead meat while Brown remains in power.

Sell the Dollar, Buy the Euro? Think Again.

Europeans are more used to taking a beating than Americans and are more stoical about it and knuckle down to bad news and as a result their Governments are less likely to inflate with the Weimar Republic in mind, so the risk of Euro collapse is less, unless of course the $ collapses, when I assume we will all be in he same boat. Hence the possible case for the Euro versus the $, although probably not the same for stocks. Chickens may be the best answer -if you can get enough- but they come home to roost as well!