Mostly: Classical

[KastelCo]

MIchael,
On the Yuan peg, I'm thinking of law of diminishing returns. China needs to do something with USD so buying / stockpiling commodities is fine but they are averaging up so to speak. The same inflationary pressure from energy plaguing the US also plagues China, no ? As jobs leave the US for climes with lower labour inputs be it China or not this effects the equation also..

In the near term (no idea how long really) I agree on rates US side and the jobs I still see as slipping..

I'm looking at my game plan here for the year.. On on interesting note it is likely even more important to get it right as I've notice this week that for the last two years fully half of my gains came in the third quarter for each year and I'm wary of the last quarter this year with the US election ramping..


EDIT http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=19647136