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May 8, 2006

Melt-up in Asia-Pacific equities, Mon, May 8, 2006, 4:52 AM

There is an action-reaction underway in global capital markets that you are not being informed about. Hot money is fleeing the U.S. and going into foreign markets at an alarming rate. To cut to the quick, the world is experiencing a US Dollar and bonds melt-down.

Overnight, the Asia-Pacific markets are booming. Not just stocks and bonds, but real estate in Japan is white-hot. The green arrows across the board are complete. The moves are extreme.


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This move is all about anticipation that the Fed's Bernanke will pause in what has been a relentless rise in rates.

Today, already I am observing what can only be described as interviews with delusion bankers. This move to a Dollar:Yen toward 107 (presently 111.19) and Dollar:Euro 130 (127.7) is the start of a global financial crisis.

Posted by Posted by Bill Cara on May 8, 2006 04:53:57 AM | Category: Forex , International Equity Markets

Discourse

Bill, yes that scenario on the FX side is probably under way but as always a coin has two sides so i guess if someone have to play defensive then multinational in DOW and S&P still has a chance but where do you think a miner equity in this configuration?

Posted by: Ari [TypeKey Profile Page] at May 8, 2006 6:03 AM [link]