We don't need them to buy anymore. Hell do you have any idea why the interest on government bonds are at 30 year lows?? TO MUCH DEMAND for them is driving down the yield. There are PLENTY of buyers for US Notes and Bonds. Please tell us all something NEW that is going to happen when interest rates rose in the U.S. and the global response to it. Surely these events have NEVER happened before.
We don't need them to buy anymore. Hell do you have any idea why the interest on government bonds are at 30 year lows?? TO MUCH DEMAND for them is driving down the yield. There are PLENTY of buyers for US Notes and Bonds. Please tell us all something NEW that is going to happen when interest rates rise in the U.S. and the global response to it. Surely these events have NEVER happened before.
Clearly you have the simpliest of knowledge regarding the many variables one must say MUST REMAIN THE SAME for your statement to come true. With that said, I challenge you to present your variables in its entirety. I could eduacate you, but typing MacBeth type letters is not my gig. I would rather see what is in your head, then tear it apart. Much easier and less typing for me.
Your condescension indicates that you must surely be some sort of market sage or an outright investing Elephant! Naw, more likely you just recently funded your discount brokerage acct with some more piker $ and continue to believe your cable access to cnbc makes you a regular Michael Marcus. Hey, does having your life savings riding on a strong bull market keep you tossing and turning unable to sleep at nite? You are not going to educate about anything $ related. End of story. And because of your poor attitude, anything I try to explain for you is not going to be put to good use. Thus a waste of my precious time.
Cool choppers... you military then? Forgive me for not knowing why you know this, and if I assume too much. One of my best friends in life was an air traffic controller for the Army in Saudi Arabia during Desert Storm. This just reminded me of some of the discussion we used to have when he was "in the know."
I suggest you learn what the current account and the capital account are before you start tearing things apart in this realm as PDG seems to be operating on a plane above; in other words, check yourself before you wreck yourself.
USMC, ten years. Thanks for asking. That EH.101 is an impressive chopper with the BERP rotor blades. If you've seen the flick Mr. Deeds with Adam Sandler, the helo they pick him up in is a S-92. Not a bad helicopter, but if I was picking strickly from a quality standpoint, the EH.101 is the way to go. I imagine that with all of the currency devaluing going on with dollar vs. the euro, it would be money ahead for them to go ahead and build it here, which would benefit our aerospace industry.
Just what I thought. Two posts filled with absolutely nothing to contribute to the topic at hand, just character assualts, and another filled with plain nonsense. Care to challenge my statements SamFischer? Go for it, I'd like to read something better if you have something to contribute. And I say that sincerely. I also say this sincerely if you have nothing better to add "shut the f--k up and mind your own business."
That's a nice grown up response. Especially considering that you promised to contribute nothing but yet to tear everybody else apart. You're certainly destroying reputations, though probably not in the way you would have liked. Rather than doing your work for you, I'd like you to explore using google to understand how current and capital accounts work, and how crucial Chinese investement is to underwrite the US current account deficit; then, articulate a position and I'd be glad to challenge it if it deserved it, as you seem to savor such clashes.
Everyone has a different background, so let me tell you a little about mine. First, I never let anyone else fight my own battles, especially another male. Where I come from, that is perceived as the equalivalent as a man taking up for his defenseless mate. So therefore it would be concluded that another man only takes up for another man only if the two are lovers. Now the only other exception would be to save your buddy after he took his lickings to hold off the attacker from inflicting permanent damage. So which one should I conclude here? Lovers taking up for each other? Or have I pummelled your friend and your diving in for the rescue? Read the September edition of the Economist. Then when you turn red in the face, I'll accept your apology.
Oh cool, so you have no purpose other than to call me a queer/***/etc, and then allude to an Economist article from a few months ago that you are half-assedly parroting? Cool, you rock. Sorry we couldn't take this discussion further, it would have been fun. Grow up, buddy. Calling somebody gay isn't going to win you too many arguments these days.
Wait, are you suggesting that the Economist fight your battles for you, or are you suggesting that you and the Economist are lovers? ... or are you merely suggesting that you are having sexual relations with one specific issue of the Economist?
Honored to make your digital acquaintance. I like posters with true insight and especially respect those who use it. I never served, but have several family members and countless friends in every branch, both past and present. For your service alone I applaud you.
Falling. . . ____________ Dollar Slide Accelerates; Risks of Rout Increase Tuesday, January 6, 2004 09:22 AM ET Dow Jones Newswires NEW YORK -- The relentless dollar selling showed no sign of letting up in New York Tuesday, with the dollar sinking to new lows across the board. In morning trading, the euro was at $1.2794, up from $1.2664 late Monday in New York. The dollar was at 106.17 yen, up a little from 106.07 yen late Monday, only thanks to aggressive dollar bids from Japanese banks on behalf of Japanese monetary authorities, dealers said. Against the Swiss franc, the dollar was at 1.2256, down from 1.2337, while sterling was trading up at $1.8260 from $1.8060. If anything, the dollar's slide was accelerating along with the increase in trading volume as investors return to the market after the holiday period. With very little to convince them otherwise, certainly not official rhetoric from U.S. or euro-zone policymakers, they're simply putting on fresh short dollar positions, en masse. The euro was printing fresh all-time highs and zoning in fast on $1.30, the market's next big psychological target. Meanwhile, sterling was up around two whole cents on the day at new 11-year highs. The dollar's malaise is widespread, with only official buying -- mainly from Japanese monetary authorities -- and a sprinkling of corporate demand appearing to stand in the way of the current run on the dollar turning into a rout. Certainly, Japan's position differs from the official line coming out of the U.S. and euro zone, which is one of relative and potentially damaging nonchalance. For example, Federal Reserve Governor Ben Bernanke said Sunday that the risk of a dollar crisis is "quite low," and on a historical measure against a basket of currencies, the dollar isn't actually all that weak. In this context, it's difficult to see what will, in the very near term, prompt a shift in market opinion and spark a dollar rally. Positive U.S. economic data clearly aren't doing it. Even the release of a disappointing purchasing managers' index for the euro- zone service industry didn't dent the euro's advance Tuesday. The numbers showed the main index falling to 56.6 last month instead of rising to 58.5 from 57.5 in November as expected. The stark difference in official rhetoric between Japanese officials on the one hand and U.S. and euro-zone policymakers on the other was highlighted Tuesday by Japanese Finance Minister Sadakazu Tanigaki. He warned that the MOF will "take proper action when the market moves rapidly." His comments are in stark contrast to Mr. Bernanke's, and appear to be backed up by firm action. Dealers estimate the MOF bought around $5 billion or more Monday to prevent the dollar from falling below 106 yen, and have bought at least another $2.5 billion Tuesday. Japanese exporters are also becoming more vocal about the yen's strength, which makes their products more expensive abroad. Toyota Motor President Fujio Cho said Tuesday that the yen currently appears " a bit too strong" against the dollar. Neil Jones, director of foreign-exchange sales in London at Nomura International, said it surely can't be long before euro-zone exporters start to protest the euro's strength, too. "There are parallels appearing with the euro zone and Japan," Mr. Jones said, adding that the bloc's exporters will likely increase pressure on the European Central Bank to at least verbally intervene to halt the euro's appreciation. " I'd be amazed if there wasn't any verbal intervention [with the euro] at $1.35," Jones said. As ridiculous as that scenario may have looked even a few weeks ago, it doesn't seem quite so outlandish now.
By the way, this makes me glad we have an MBA President... Thanks for clearing this up... ______________ Q: Mr. President, the dollar fell again today, against the euro. Mr. Snow, your Treasury Secretary says that the decline has been orderly, boosting exports. Do you plan any intervention to stop the slide in the dollar? MR. BUSH: My answer to that question about the dollar is that this government is for a strong dollar, and that the dollar's value ought to be set by the market and by the conditions inherent in our respective economies. And our economy is very strong and is getting stronger. But the policy, the stated policy--and not only the stated policy, but the strong belief of this administration is that we have a strong dollar.
Rimrocker you taking up this position that a weak dollar is a bad thing is an absolute joke. Post about something you know more about. It's great for US exporters and it will and already has boosted their profits, helping to grow the economy. Europe is the one who is getting screwed by the weak dollar, not us. I'm enjoying healthy returns in the stock market due to the rebounding economy in America. Keep trying to find something to be outraged about. Nothing to see here.
LOL a strong dollar policy? Is that why it recently hit its weakest level against the euro ever, and against the pound in a decade? I guess his strong dollar policy is along the lines of his balanced budget policy and his clear skies initiative, in that it is a bald faced lie.
Not a bald faced lies, Sam. They are stated policies--and not only stated policies, but the strong belief of the administration. It seems perfectly clear, no? You must not be paying attention.
The US has in practice backed off its strong dollar policy as of a couple of years ago. Our president or administration cannot publicly come out in favor of a weak dollar b/c it will piss off other countries since we are such a net importer. I can't believe you people have found this as something to bash Bush about. What a joke.
