looking at baltic dry index that I posted last week, it was looking that the new lows was due for some kind of correction,but with these last 2 posts it shows for more and larger declines...in turn all economies have a very long ways to go before even a hint of recovery..since the baltic dry index is the leading indicator.. now im wondering if these witches overshot their curse...
http://www.bbc.co.uk/news/world-europe-12126670 ;) I shorted aud/usd..even though all economies are doomed for a while,the US dollar is still sort of a safe haven for investors.,In this respect QE2 is showing in my book was and is the right move,as scary as that sounds