gastaoss
Number of posts : 440
Registration date : 2007-07-01
 | Subject: Open Thread: Falling Dollar, Rising Gold, Oil, Inflation  Wed Sep 12, 2007 11:04 pm | |
| Open Thread: Falling Dollar, Rising Gold, Oil, Inflation from The Big Picture by ritholtz Now that the currency traders have weighed in on the Fed Cut, perhaps a rate cut is not the salve many are hoping / begging for. With Oil breaking $80 today, and Gold scoring higher, the question before the house is as follows: What are the repercussions of more rate cuts? If the Fed does take rates down to 4.25%, or even 4.0%, what happens to the following:<blockquote> -US Dollar, Euro, Yen-Oil-US Treasuries-Gold-Real Estate (global)-US Equity Markets -Soft commodities (Wheat, Corn, etc.)</blockquote>Two articles might be relevant in coloring your discussions:<blockquote> Forecasters Increase Odds Of Recession Over Next Year (free WSJ) Oil Rises to Record $80.18 on Larger-Than-Expected Supply Drop (Bloomberg) </blockquote>What say ye? | |
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