G7 Summit---Boca Raton in Florida on February 6 and 7
Heard Carl Weinberg, chief economist for High Frequency Economics speak on Bloomberg early Friday morning. He said the G7 meeting will be a watershed event for rates and if necessary, Greenspan will be coached on the proper language to use. Seems the market reacted to his words, vis a vie, the dollar/gold and in what appears to be the beginning of an increase in foreign investment into US equities. IMO, watch your purse the days before the meeting, as arm twisting will begin and futures market players will show their cards. Lock in those low rates now!!