tag:blogger.com,1999:blog-2121490237517462736.post878141027721382329..comments2024-02-20T01:52:53.299-08:00Comments on Futronomics: contrarian analysis of global macro trends, commodities, currencies, equities: Technical Update 19.09Matt Stileshttp://www.blogger.com/profile/17977694389453612864noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2121490237517462736.post-47900640853820439342023-05-10T18:55:45.609-07:002023-05-10T18:55:45.609-07:00Thiss is a great post thanksThiss is a great post thanksShortbread Cookie Recipeshttps://www.cookiepins.com/shortbread-cookies/pistachio_shortbread_cookies_5399173860.shtmlnoreply@blogger.comtag:blogger.com,1999:blog-2121490237517462736.post-38430057132421876752009-05-25T11:26:29.848-07:002009-05-25T11:26:29.848-07:00Roger,
I will have a post covering the issue of ...Roger, <br /><br />I will have a post covering the issue of treasury default sometime later this week. <br /><br />Regards, <br /><br />MattMatt Stileshttps://www.blogger.com/profile/17977694389453612864noreply@blogger.comtag:blogger.com,1999:blog-2121490237517462736.post-48044095531547866162009-05-25T00:53:27.942-07:002009-05-25T00:53:27.942-07:00Hi Matt,
Perhaps the most interesting & grou...Hi Matt,<br /><br /><br />Perhaps the most interesting & ground-shaking market action was last Thursday: when stocks, the dollar & treasuries were going down viciously together. This goes against the norm: USD & treasuries up usually means stocks down -- and vice versa.<br /><br />This event of course made the hyperinflationists shouted & danced again, i.e. USD hyperinflates, US Treasuries dumped, everything from US discarded.<br /><br />Indeed, the actions in the US Treasuries, especially the long-term ones are worrying. But then again, this may prove to be one of the best contrarian opportunity of the year. <br /><br />By the way, this is an interesting clip of the 4 paths USD & US stocks may take. <br />http://www.youtube.com/watch?v=HcL0wBHGbm0<br /><br />Fundamentally, I'd vote for US dollar up, treasuries up & stocks down. But I dare not take any positions for that... yet. Seriously, Geithner & Bernanke's recklessness is mind-boggling. We have yet to see those recklessness from the other world CBs. These, coupled w/ the break of USD uptrend, forced me to get out of most USD positions. Since I am still standing by the deflationary thesis... predictably, I now stay w/ the yen & some gold.<br /><br />Any takes on this issue, Matt? Especially for the treasuries. Is this just another "rally in risk", albeit in a more extreme form?<br /><br />As for China discussion last time, here's another article from Mish. I think it's one of the most interesting from him on China topic last year.<br />http://globaleconomicanalysis.blogspot.com/2008/11/strange-case-of-falling-international.htmlRoger Jaremanoreply@blogger.com