Does Disaster Loom from Dollar Funded Carry Trades? [View article]
Mark Anthony,
You, or me, cannot borrow at .25%, I wish I could, but GS, MS, BOA, Citi, and traders at London, can, via banks and bonds, and many instruments.. Basically, they are robbing savers (who get 0%) and government (who take tax payers money and give it out at 0%). They want to save the housing market, the unintended consequence is that the liquidity is not going to housing, or business, but liquidate speculative asset, like Gold, Stock
I am not saying short stocks,, it might go a while. but bubble will burst for sure, when that is time you go out.. just follow the market..
Why is that for sure as PE is high, and unemployment won't get better as most unemployed are less educated, with housing, manufacturing jobs out to China, no way, employment get better. Which means less revenue for companies, though they can get better earning by cutting staff, and sell abroad..
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Mark Anthony,
Nov 09 15:37 pm
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All Comments by Income Tax »Does Disaster Loom from Dollar Funded Carry Trades? [View article]
You, or me, cannot borrow at .25%, I wish I could, but GS, MS, BOA, Citi, and traders at London, can, via banks and bonds, and many instruments.. Basically, they are robbing savers (who get 0%) and government (who take tax payers money and give it out at 0%). They want to save the housing market, the unintended consequence is that the liquidity is not going to housing, or business, but liquidate speculative asset, like Gold, Stock
I am not saying short stocks,, it might go a while. but bubble will burst for sure, when that is time you go out.. just follow the market..
Why is that for sure as PE is high, and unemployment won't get better as most unemployed are less educated, with housing, manufacturing jobs out to China, no way, employment get better. Which means less revenue for companies, though they can get better earning by cutting staff, and sell abroad..