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Pushing On A String

One traders view on the markets, credit, and geopolitics.

Wednesday, November 22, 2006

Yen on the move

Its a quiet day where the mo mo idiots are all trying to outdue themselves for the end of the year. Stocks are widly stretched. The yen advanced on a report that the trade deficit has narrowed. Contrary Investor has a good article this month about the Trade deficit is responsible for a never ending credit cycle. Consumption is waning in the US.
Posted by James at 8:49 AM

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      • Yen on the move
      • Yen on the move
      • Thoughts of the day
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      • EOW Thoughts
      • Hedge Fund Blow Up Rumors
      • Chineese Reserve Diversification
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