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PowerShares DB US Dollar Bearish ETF Message Board

  • ferdinandoc ferdinandoc May 1, 2008 2:56 PM Flag

    This is the same madness as the dotcom bubble.

    The interest rates go down and the dollar goes up, consumer spending is up because of increased gas prices and the market goes up, unemployment claims go up and this is good news, inflation is probably around 12% in real terms and the fed lowers the rates to 2%. Jim Rogers Warren Buffett warn of a long painful recession and the market ignores them, nobody can sell or buy a house and homebuilders go up, banks have bad earnings with no end in sight and they go up, oil is $115/barrel and oils go down. Don't tell me that the market is forward looking and predicting the future. With inflation at 12% how can wages keep up to keep prosperity going? And where is the evidence that food and oil prices are going to stop rising?

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