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  • Aussie Jobs Surge!

    In This Issue..

    * High yielders rebound...
    * Kiwi surges 2-full cents!
    * SNB softens tone on franc strength
    * The U.S. Debt Clock...

    Good day... And a very cold Tub Thumpin' Thursday to you! I remember back to this summer, when in August, we were camping, and it was only 75 degrees, and old man at the country store said to me... 'We're going to pay for this come winter'... I have a bad feeling right now that the old man will be bang on! UGH!

    OK... A chill crept over the dollar bulls overnight, when Australia announced their latest jobs data. Since that time, the dollar has been sold, albeit not frantically, but sold nonetheless, and the high yielders, like Aussie dollars have been the main destination of those funds created from the dollar sales.

    ...
  • Game On!

    In This Issue..

    * Risk Assets soar!
    * What's behind this stock rally?
    * Charts and fundamentals...
    * Aussie Consumer Confidence drops...

    Good day... And a Wonderful Wednesday to you! A total reversal of Friday's risk assets sell off was the soup du jour for Tuesday... This is beginning to remind me of a Wayne and Garth street hockey game... Here comes a car... Game off... Game on...

    So, as I just said, Tuesday saw the currencies trade right back to the levels they enjoyed VS the dollar last Thursday, before risk assets began to sell off on Friday. These are the types of trading patterns you normally see when the assets involved are getting ready for a break out... A jail break... Tonight there's going to be a jail break!

    OK, I'm not saying that the jail break takes place tonight, I just broke out in a song from the 70's... That's all... Seriously though, I hope we're seeing a return to fundamentals....
  • When 8.5% Is Really 15.6%!

    In This Issue..

    * Job Losses Continue To Mount!
    * Currencies rally on the day...
    * Shhhhh! The Gov't wants to keep this quiet....
    * Richard Russell...

    Good day... And a Marvelous Monday to you! OK, it's Opening Day here in St. Louis, so traditionally I bring this to you on Opening Day... Beat the drum, and hold the phone, the sun came out today, we're born again, there's new grass on the field... A-rounded third, and headed for home, it's a brown eyed handsome man, anyone can understand the way I feel.....

    Yes, baseball freaks like me, believe we're born again every spring on Opening Day, for before that first pitch is thrown, everyone is in first place!...