Road Map

[lion hunter]

The bull market is over until such time that the Fed reduces rates again.
Israel and or the USA will strike Iran.

Ive read this article on a weekly basis for the last 6 months. Its a pearler imo. Can u say "stagflation".
http://www.gold-eagle.com/editorials_05/schwensen060806.html

[rffrydr]

"Stagflation" we don't hear that word around these parts much anymore. (see topic below) Import prices, especially "declining" electronics prices (computers still cost around 2000 and TVs cost double what they did for last generation) and wage stagnation (until now) in the context of productivity gains have taken the fright out of inflation. Medicine is considered a aberrent case and social problem. Now that we've surpassed the Vietnam war in spending (and put forth large social spending programs) it's natural to look back to Johnson for parallels. But it's just not there.

http://pqasb.pqarchiver.com/wsj/access/1210609671.html?dids=1210609671:1210609671&FMT=ABS&FMTS=ABS:FT&date=Feb+5%2C+2007&author=Deborah+Solomon&pub=Wall+Street+Journal&edition=Eastern+edition&startpage=A.1&type=8_90&desc=Guns+and+Butter%3A+How+War%27s+Expense+Didn%27t+Strain+Economy

The same money that's doubled your home's price in three years is supporting this mega-budget. The inflation's in assets--not in goods and services (at retail at least). War with Iran will obviously change things, yet, as we write this, the "evil one" is in Saudi Arabia, Shia meeting Sunni, taking the pressure off. Australia thinks in terms of commodities--maybe blogs like that one are the best place to keep an eye on such risks.
_________________
Today is the Tomorrow you worried about Yesterday!