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what everyone knows


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#1 greenie

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Posted 06 April 2007 - 12:17 PM

is always worth knowing. 1. US current account deficit is huge, and will make US dollar sink. 2. Chinese are ready to sell all treasury bonds, and interest rates are going to skyrocket. 3. Housing is an isolated problem that will be taken care of by Fed's rate cut. Rest of the economy is just doing fine, as we learned from today's jobless report.
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#2 Rich

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Posted 06 April 2007 - 03:18 PM

Items 1, 2, and 3 are highly correlated. If either 1 or 2 turn out to be true, then 3) will NOT be true. Rich