Wednesday, November 18, 2009

Another Day...

....Another day to destroy our currency.

This is a nice headline to start the day for equities.

Fed's Bullard: Possible Fed Won't Hike Rates Until 2012

Which basically is a coded message to Wall Street to buy stock index futures because as evidenced by the CPI Data that was released today that rates are going to be near zero well into 2012.

Which is a signal to continue the hedge trade of short dollar-long commodities/risk assets.

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