Reading the Tea Leaves
Posted in BOC, Bonds, Federal Reserve, NASDAQ 100, U.S. Dollar Index, forex, gold futures, silver futures on February 2nd, 2009 by Commodity Trader – Comments Off
The new Administration may have its hands full with a total lack of bipartisanship, the new good bank bad bank policy, and a total lack of confidence, evident by the record money on the sidelines and violent selling, showing little signs of stabilization. We expect investors to stay defensive, but when money starts being committed we anticipate some coming into commodities. Being that the infrastructure plan should support in addition to the coming inflation. Furthermore, we expect emerging markets to show more resiliency than most.