tag:blogger.com,1999:blog-6758770623162438423.post344652264736040085..comments2023-09-28T04:27:48.195-07:00Comments on Goatmug Blog - Financial Perspectives from the Mountain Top: A LAST GASP TO FIGHT THE DEFLATION DEMON - DEVALUING THE DOLLARGoatmughttp://www.blogger.com/profile/06717166521459240516noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6758770623162438423.post-63760819495783979042010-08-30T14:05:25.546-07:002010-08-30T14:05:25.546-07:00Keith, thanks. Yes, I read Jeff every Monday and ...Keith, thanks. Yes, I read Jeff every Monday and I think he has been reading my blog :)<br />Obviously that trade has risk and I don't want to write it up to seem as though it doesn't. Any market dislocation in Europe or the US will obviously impact and be felt in the emerging areas. I think longer term though, that I'd rather place wagers on economies growing at 8% and more rather than one in which we hope to stablize at 3%.<br />The other trick is the understanding that "Patience is also a trade". The timing is everything and although in this environment you don't get paid for sitting on the sidelines, you do perserve precious capital. All it will take is another flash crash and I we may endure a 200 point drop on the S&P500 in response with no ensuing recovery.<br /><br />GoatmugGoatmughttps://www.blogger.com/profile/06717166521459240516noreply@blogger.comtag:blogger.com,1999:blog-6758770623162438423.post-74352231350012507132010-08-30T10:27:28.604-07:002010-08-30T10:27:28.604-07:00Nice piece.
Saut alluded to emerging market empha...Nice piece. <br />Saut alluded to emerging market emphasis as 40% of SPX profits are from foreign operations with roughly 15% of those profits attributable to the emerging markets. <br /><br />http://www.raymondjames.com/inv_strat.htmkeithpiccirillohttps://www.blogger.com/profile/16713240199705068281noreply@blogger.com