So far the bet has gone their way. Copper has doubled. Gold is up 20%. Stocks markets all over the world are up 60%. Foreign currencies, too, have beaten the dollar.
October 27th, 2009 | Bill Bonner | 2 comments | ContinuedAll Posts Tagged With: "house price"
How U.S. Mortgage Rates Affect Aussie Stocks
Today’s Daily Reckoning has a simple task: to figure out what all this business in America means for Australia. Okay, it’s simple in theory, but maybe not so simple in fact. Let’s have a crack anyway. The last few days we spent a great deal of time trying to discover the goal of the Fed’s $1 trillion foray into Treasury bonds and the U.S. mortgage-backed securities market. Why?…
March 20th, 2009 | Dan Denning | 10 comments | Continued
