Monday, June 15, 2009

The Double Dip Deflationary Report

June 10, 2009
China’s Commodity Buying Spree

HONG KONG — Strong buying by China has helped lift commodity prices around the world this spring, but growing evidence suggests that a sizable portion of this buying has been to build stockpiles in China, and may not be sustainable.

Uh-oh.

Some economists say they are bullish on commodities because they believe that the United States and European economies are on their way to recovery.

Uh-oh.

Fifteen Hours Ago

You should get back into stocks if you'll stay in

Q: After losing a fortune on stocks I moved my money into a savings account. Now, I'm losing ground again as interest rates fall and stocks recover. Should I dip back into stocks of big, stable companies?

Uh-oh.

One Hour Ago

Stocks fall as dollar pushes oil, commodities down

Stocks slid Monday following steep drops in Europe and Asia as a stronger dollar pushed commodities and materials prices sharply lower. The market was also disappointed that an index of manufacturing in New York indicated that demand weakened in June from May.



From now on, when you take a [blue] chip, just take one dip and end it.

3 comments:

Anonymous said...

Speaking at the National Summit in detroit Vikram Pandit, the CEO of Citigroup Inc, said :

"SOMETHING WENT WRONG OVER THE LAST FEW YEARS"

http://tinyurl.com/ndmkpb

Understament of the year award.

Kevin

EconomicDisconnect said...

That Pandit is a smart guy.

Stagflationary Mark said...

Korla Pandit? ;)