Tuesday, 12 April 2011

some market macro quick thoughts;

bull points;
1) rates are still low, Bernanke has still got his chopper out
2) the rear view mirror still looks good for the US and Germany
3) although people are talking about 'extreme bullish sentiment' there does appear to be quite a bit of short term fear

bear points;
1) china has been tightening and its not got much press
2) consumers have been squeezed by commodity prices
3) profit margins are historically very high, and there are long term risks for both wage demands and potentially higher commodity prices

No comments:

Post a Comment