If Wall Street stocks can surge 160 points on falling earnings, an 11% drop in housing starts, and a 16-year record for consumer-price inflation, then so can everything else that doesn’t carry a picture of George Washington. Crude oil, rice, Gold, the Euro, wheat, emerging market bonds, copper…anything that’s not stamped with the all-seeing eye of the Dollar looks a great bet once again.
April 17th, 2008 | Adrian Ash | 0 comments | Continued
