Playing the I fund

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Birchtree said:
Zman,
This is for you:
http://www.safehaven.com/article-6512.htm
Click to expand...

Thanks for the article. If he's right, the I fund might not be the best performer next week. Hmmm , I might have to make a move to the C fund.:D No joke!

On the other hand, I think the dollar's climb might take a pause or even a minor pullback come Tuesday, if housing data and PPI come in weak, which is what I expect. I don't know how he can be expecting strong November housing data. But then again, I never expected strong November retail sales either, especially with the recents headlines from Walmart, Best Buys, auto industries, and others. Either way, my next move will propably be to go to C fund.
 
The weaker than expected CPI news pushed European markets further into positive territory for the tenth straight day. Sugar has the courage - right?
 
Little "EFA" did quite good. She was up +0.88 on the week. And the I-fund was up +0.36 for the week.....:nuts:.....If the dang dollar would have stayed in the bottom of the live well, could have done even better!
 
Guys I'm in good company. Meantime I will be using the Yahoo Charts that you (Show-me), Spaf, Fundsurfer and others have posted in the Favorite links here.
 
The dollar reached multiweek highs against the yen and euro Friday after a report showing a healthy appetite by foreigners for U.S. securities spurred a bout of dollar-buying. If you are prone to crying spells read further at your own risk. Net foreign acquisition of U.S. securities with maturities of more than a year was $73.5 billion in October, up 26% from September.

The dollar's rally followed a drop across the board earlier Friday on the back of a softer than forecast U.S. inflation report. Both the headline consumer price index and consumer prices excluding food and energy were unchanged in Novemberwhile economists had expected a 0.2% rise in both. Low inflation is generally negative for the dollar because it reduces the chances of the Fed raising interest rates. But the dollar's reaction Friday was muted, perhaps because stable prices are an overall positive for the economy, and thus help other markets, including stocks.

In Japan, the increase in the tankan manufacturers' index was not enough to convince the market that the Bank of Japan would raise rates next week, allowing the dollar surge against the yen during the Asian session. Most now anticipate that the BOJ is prepared to pass on the opportunity to hike rates next Tuesday. and continue to assess whether the strength in the corporate sector - related mainly to external demand - can be more clearly translated to stronger consumer demand. Elsewhere, the euro showed little reaction to a revision to euro-zone consumer prices that showed consumer price inflation was higher than expected in November, but still in line with the European Central Bank's price stability target.

http://www.wsj.com/onlinetoday
 
Just a matter of time Spaf. :)
Spaf said:
Little "EFA" did quite good. She was up +0.88 on the week. And the I-fund was up +0.36 for the week.....:nuts:.....If the dang dollar would have stayed in the bottom of the live well, could have done even better!
Click to expand...
 
The decline in Japan's population could undermine the country's economic recovery unless workers perform more productively, and the new economy minister is taking aim at inefficient industries and workers. Hiroko Ota, who took office in September, faces an economy that is back on track after more than a decade in a slump. Japan's big structural problems have mostly been fixed: The banks have cleaned up their bad loans, and prices have stopped falling. Japan's economy grew at an average of more than 2% a year from 2003 through 2005, and it is expected to grow another 2% or so a year in 2006 and 2007.

But long-term challenges remain. Japan's huge national debt amounts to 175% of gross domestic product, compared with 64% in the U.S. Cutting the debt gets harder with a falling population because Japan has fewer tax-paying workers. If production per worker increases more slowly than the numbrer of workers falls, overall economic production will fall. Japan, like mature economies in Europe, is engaged in a major rethinking of its economy - including how to pare down welfare states along with job and market protections introduced during the years after World War 11. These changes now are seen as barriers to growth.

Ms. Ota sees the growth of neighboring economies as a key to growth in Japan. Japan's exports of machine tools make it one of the few countries to generate a trade surplus with China. Japan is aiming to negotiate a trade agreement with all Southeast Asian nations by next year. Asian growth is a new possibility for Japan.
 
Mixed trading this morning in the far east and europe-

Nikkei up slightly, europe mixed. Dollar down.

Overall, looks green so far for the "I" today.
 
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