some tips for making monies. Bias for GBP is to the downside. watchout.
It is May Day, lots of protests in Europe, Asia, over food, jobs, etc.
Seems like we are into a long period of instability worldwide.
Analyst coming out to talk down Oil, etc Mobius of Templeton,etc.
With hindsight, Greg Ip was half right. FOMC did cut 25bp but did not signal a pause.
a 1% FED funds rate is real possiblity. Bernanke wants to fuel the next bubble. Let us hope that it does not burst while blowing.
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