In finance and economics, we learn that when long market shows depressive rates than short ones it's a sign of recession...
But if recession is coming, why is wall street having 10 out 11 monthly increases of indices?
Oh yes one more thing, the US$ to Euro rate is not doing good either. which mean some one does not like US treasury and that some one is dumping it in the market or US is printing more and more money :-)
A paradox ....
1 comment:
global assets have become a function of liquidity, not value.
and in terms of gold, the stock market is down. in terms of EURO, the
US stock market is still down.
check out this post:
http://wealthbuildinglessons.com/2007/05/16/is-gold-a-good-investment/
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