Just to answer a post from Ron:
I went short emerging markets using a small mutual bear fund DXESX the other day. Don’t believe that the rest of the world gets a free pass if the US economy and stock market tanks plus I expect quite a bit of selling assets in the coming months to make margin calls.
I don’t know much about emerging markets but I want to post just one chart. That’s the imports and exports from ISM report:
It looks to my untrained eyes that our imports are collapsing. I hope those emerging markets are not exporting anything to us. Good for them
November 6, 2007 at 4:50 pm
looks like 91, 95,2001, were also low periods for imports. Gee any connection!.LOL
thanks for the chart
November 8, 2007 at 6:37 am
It depends on what do you want to see as I see that imports declined just months before strong bull markets…