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Tuesday Outlook: Commodities, Emerging Markets

Lows aren't in until Case-Shiller turns up again, meaning the toxic asset write-downs are over - let's see today's report, and whether the new regime has a practical fix for mortgage defaults. Deflation can and will be defeated by printing money. Agree with DF on holding lots of cash but can't resist a little gold a little TIPS, and stuffing the stocking with a few double-shorts as they go on a pre-holiday sale. Let's be thankful and raise a Thursday glass to the new ETFs, arriving just in time for this mess. Can't think what I'd have done even two years ago.