Wall Street will continue to rally wildly for the rest of the year, but the rest of the world is apparently not impressed.
INDEED, THE WHOLE AFFAIR LOOKS LIKE: LOOTING IN LALA LAND!
With thin markets and performance bonuses on the line. GO FOR PERFORMANCE!
Indeed, we know that the Fed will continue to "print money" for it's Beloved Street until no one will take the Greenback except for WallPaper!
Greenspan is the Greatest Bubblemaniac since John Law "ruined" Europe for a hundred years back in 1720!
Of course from the "outsider" perspective our "stock rally" looks hollow. If your market is "up 10%" and your currency is "down 10%?
It's all a wash! Or, a Sham!!
Look for a lot of that kind of thinking in Washington, going forward. The Fed and the
Administration have the backs to the wall on the dollar now.
The only thing left is to chant the old mantras faster and faster and faster. Like those people who do the "disclaimers" at the end of commercials!
And, of course, Pray!
Well, that's actually good though, because we all know that Dubya likes to pray...........................
If prayer can move mountains? Maybe it can move the currency markets? Let's ALL pray hard now.
PRAY THAT THE "GREENSPAN DOLLAR" AND OUR BOND FLOATATIONS CAN BECOME THE WORLD'S BIGGEST "FAITH BASED CURRENCY!"
POSTSCRIPT: But then again, all paper money is faith-based, right?
See the Bloomberg link below for more dollar news; and bookmark it
because you're going to use it alot in the coming year!
http://www.bloomberg.com/news/markets/currencies.html
