The New CS Board

[dindindon]

RE (cue-master) : Utilities

Utility sector is rate sensitive (WMB AEP SO DUK ED ETR EXC FE PCG PPL ... XLU). imho, if an Utility position has no safe margin, better sell it on any bounce opportunity. There is an ongoing currency war, any new FED QE will kill the dollar and its hegemony, FED is in catch-22 now.

Tuesday, 02/24/15 11:40:56 AM

Exit 4 longs
I sold PFE GSK last week, Today I sold JNJ (+ DIV) and XLU

imho, The Reward:Risk is deteriorating on long side.

Geo-Economics event - Russia Gets Very Serious on De-dollarizing

Geo-Economics Series includes:

- The great transition that reshapes the world orders
- Insight China
- Geo-Economics events

The historian E.H. Carr asserted history was a series of causal chains interacting with each other

Here is one of the knot in the chain

Russian Vladimir Putin accused the United States of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets. ( link )

That knot has the following repercussion ...

Russia Gets Very Serious on De-dollarizing
06.06.2015 By F. William Engdahl
http://journal-neo.org/2015/06/06/russia-gets-very-serious-on-de-dollarizing/