Posts by "carlco"

speculator, thanks for the insight into how markets move

This has caught me by suprise too, the speed of the retest of 162 and breach, but 158 tested when Brown was under pressure a few weeks back, do you think we have that type of momentum to drive the GBPUSD that far? (ie double whammy of risk aversion strengthening the dollar/BoE weakening GBP) if true why USDJPY weakened aswell?

speculator, http://www.thestandard.com.hk/news_detail.asp?pp_cat=1&art_id=48335&sid=14350285&con_type=1
i traded hsbc and standard charter options through this.

since when have economics had anything to do with markets? We in the UK like pretty pictures ashraf, check out some herehttp://stats.oecd.org/oecdfactbook/

Well Ashraf $2tril reserves won't get you very far, if your population is getting drunk on champagne, haven't they already lent out $500billion so far, my point is that consumer driven economies are what's led us to the state we are in.
Q. As in Japans lost decade, I believe we are heading for a world of stagflation, this 0% interest rate policy i don't really understand the mechanics of it. My point is if it didn't work in Japan with a busted banking system and the rest of the world on boom, how is it going to work now ? Are we to rely on South America, India, Africa, Australia, Russia and China, to drag us out of recession ?
Q. Wouldn't it be best, bizarrely, if the US began raising interest rates now? that would be good for the dollar right? lowering oil prices and getting things moving ?
oh btw, i was listening to a podcast on companies Chapter11's in the US, the banks are sweeping accounts of some medium size firms for all their working capital, even when their assets are 10 times the borrowings, no wonder the West has come to a standstill, this example was a boat builder worth about 500-600 million, borrowings of 60million, it's a disgrace.