Friday, November 13, 2009

Thats All It Took?

So Obama starts his Asian Tour and the rumors are that China is going to revalue their flawed currency?

http://www.ft.com/cms/s/0/3d29feb6-ce71-11de-a1ea-00144feabdc0.html

This will surely wreck USD even more.

http://www.ft.com/cms/s/0/06c6bcfe-ceaa-11de-8812-00144feabdc0,dwp_uuid=f6e7043e-6d68-11da-a4df-0000779e2340.html

All this means is more pain for USD.
More carnal adventures for the carry trade.
Higher SPX.

What a country! We need to systematically destroy our country to get stock prices higher.

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