Comment from a reader. Any ideas on the next bubble? Soros and Jim Rogers will short it at the top and Buffett will buy it just after the panic. So what are we mere mortals supposed to do?
The dollar is collapsing and commodities (all of them, without any exception) are soaring. This is the new bubble in the making.
They are two sides of the same coin called the demise of the purchasing power of the US consumer.
More on http://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
1 comment:
A half point cut in both the Fed Funds Rate and the Discount Window produced the best week since March, and the best 2 week period in 3 years. The biggest equity winners were Emerging Markets (up 4.8%) and the Russell 2000 (up 3.8%) and Global Stocks (plus 3.0%). Why would a rate cut in the U.S. make Emerging Markets and Global Markets go up that much?
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