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  • A New Carry Trade Currency?

    In This Issue..

    * A bias to buy dollars remains...
    * The Fed was warned as far back as 1999!
    * Fujii gets 'the memo'!
    * A ton o' data all around the globe this week!

    Good day... And a Marvelous Monday to you! My weekend turned out to be quite grand, as all the things I said that would make it special came to pass! My Cardinals clinched their division. My beloved Missouri Tigers won on Friday night, and my little buddy's 8th grade Flyers won their game against their arch rival... WOW!

    Well... Here we go with the last 3 days of September... A month that saw Gold return to $1,000, and the non-dollar currencies all return to levels they held a year ago, having withstood the onslaught of flight to safety trades that benefitted the dollar after the Lehman Bros collapse....