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To: Ff--150
I have been wondering the very same about the Pound and even the Yen. My only other question is how long can a housing crash be forestalled, plus which nation will be the first to show very visible signs of a housing collapse. I thought it would be the UK market which would burst first. That still might be the case and then the highest priced U.S. urban markets.

The Aussie housing balloon is inflated to. Down Under has had a real boom over the last couple of years. In the short term with the Euro heading south, the USD, The Pound, the Yen, the Aussie plus some secondary currencies should be the way to go on the bullish side.

Any ideas with the housing in terms of interest rates and yet even higher energy costs?

Credit quality, speculation raise US housing worry

14 posted on 06/03/2005 4:51:15 AM PDT by M. Espinola (Freedom is never free!)
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To: M. Espinola
"My only other question is how long can a housing crash be forestalled, plus which nation will be the first to show very visible signs of a housing collapse."

That's up to the politics as in order to get Mrs. Clinton back into the White House the economy here must crash.

"with the Euro heading south, the USD, The Pound, the Yen, the Aussie plus some secondary currencies should be the way to go on the bullish side."

I'm spot, not futures market. I want volatility LOL. Don't care, just have a couple of long-term positions on Cable and Euro [short].

For next positions keeping eye on Swissie and Kiwi [New Zealand Dollar] guessing long for both.

24 posted on 06/03/2005 5:19:20 AM PDT by Ff--150 (Now Unto Him That Is Able To Do Exceeding)
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