A great opportunity to go long on US Treasuries
Peter Oberois
Oct. 7, 2007

The sudden fall in US Treasuries and corresponding rise in yield is a buying opportunity. The bond market went down after the job report not only showed a 110,000 increase in payroll for September but also a sharp upward revision in August employment led by local school teaching jobs.

But if you look at the job reports, there is not much to cheer about. The August revision is seasonal. The September unemployment went up 0.1%. What is significant is that there is precipitous drop in the last four months the mortgage debacle started in help wanted ads.

It has become more difficult to find well paying jobs. The GM-UAW deal is also significant. It signifies the end of well paying respectable manufacturing jobs in the world. The wage deflation is here. People are spending based on their inflated credit card balances. The end game is on schedule with a big bulge on personal credit after home refinancing fiasco ended in a bubble burst.

Bonds are now great buys. It is a great opportunity to go long on US Treasuries.

Merrill's $5 Billion hit to third-quarter earnings is just the start and not the end of financial meltdown from mortgage-securities business
Sam Adelton
. This is just the ‘harmonic tremor’ before the actual volcano. The subprime mess may be over. But the actual mess is in traditional mortgages.
READ MORE>>

Overall data this week will show US economy is not headed for recession – dollar and yen will rise, stocks and bond move sideways
Marla Guthrie
The Bank of Japan can raise rates any time. ECB will increase liquidity and lower rates. The Bank of England and Australian Central bank will lower rates to tackle their faltering economies.
READ MORE>>

Some interesting statistics on the economy that gets never published – hunger among children going up and number of homeless families on the rise
Karen Zuba
The rich and powerful fight every means to maintain their tax cuts. People invested in stock market are worried what Hillary will do t their 15% capital gains tax but in the mean time the lowest bottom of the economic structure is crumbling.
READ MORE>>

A great opportunity to go long on US Treasuries
Peter Oberois
But if you look at the job reports, there is not much to cheer about. The August revision is seasonal. The September unemployment went up 0.1%.
READ MORE>>

Dollar is ready to take on Euro while Yen is ready to be the surprise come back currency as carry traders push the currency up
Sam Adelton
US Dollar and Japanese Ten have bottomed out. It is just the question of time when they make all time new highs. Can you believe 60 Yen to US Dollar and 0.80 Euro to 1 US Dollar? That is exactly what will happen by the end of 2011.
READ MORE>>

How can the economy go on a recession path if the stock market is making new highs?
Nina Shabab
Even moderate talk show radio hosts are bullish. The problem is that all bear markets start when market players get detached from reality and start creating a bubble based on what they believe. This time it is no different.
READ MORE>>

Emerging economy stock markets are ready for a crash led by International Financial Institutions
Pamela Jones
As oil gets close to $90 per barrel, the International Financial Institutions will pull the plug in India first and then in China.
READ MORE>>

MORE ARTICLES >>