InvestorsHub Logo
Followers 4
Posts 1911
Boards Moderated 0
Alias Born 01/30/2005

Re: RubyMartin post# 115051

Thursday, 01/03/2008 6:24:55 AM

Thursday, January 03, 2008 6:24:55 AM

Post# of 362323
OT> funny no mention of how the lower dollar, that of which the Chinese Yuan is pegged to, has created record exports. Until the fed funds rate is lowered another ~100 or so basis points (inflation will force Berneke's hand I suspect) the dollar will remain weak. You can also see that though the euro got some underpinning from their central banks injecting cash (~40 bil?)the libor spreads have resumed their previous upward slope. I think the general US economy will slow considerably in 2008, though not into recession, mainly due to the global growth from the BRIC countries

99% of the worst catastrophes in my life never happened