To: M. Espinola
Back to your question about the Cable and Aussie, while nothing to do with the ASD, your article here really makes things interesting with the Sterling Pound :).
Keep in mind, too, the Japanese economy is about to zoom-zoom-zoom!
posted on 06/03/2005 4:30:14 AM PDT
(Now Unto Him That Is Able To Do Exceeding)
I have been wondering the very same about the Pound and even the Yen. My only other question is how long can a housing crash be forestalled, plus which nation will be the first to show very visible signs of a housing collapse. I thought it would be the UK market which would burst first. That still might be the case and then the highest priced U.S. urban markets.
The Aussie housing balloon is inflated to. Down Under has had a real boom over the last couple of years. In the short term with the Euro heading south, the USD, The Pound, the Yen, the Aussie plus some secondary currencies should be the way to go on the bullish side.
Any ideas with the housing in terms of interest rates and yet even higher energy costs?
Credit quality, speculation raise US housing worry
posted on 06/03/2005 4:51:15 AM PDT
by M. Espinola
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