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Market Players World-wide are in Zombie-like state-of-mind
Wed Sep17 9.30am(NY) - by Anatoly Veltman, Chief Global Analyst - I've monitored markets via multiple real-time screens on 24-hour basis for 22 years. It never failed to amaze me: how slow on-the-trigger most of institutional/professional players are. Everyone is gripped by consecutive out-of-the-closet soap operas on major financial institutions. No one seemed to have figured out: the 60% deflation (and 10x margin leverage they'd used) of China, Russia, et al stock indexes just in the course of 2008 leaves few outcome possibilities - worldwide! The oldest Money Market fund rypqx breaks the buck (!), speculators are dramatically under-weighted of Gold... . . . (to read the remainder of this article, please log in below.)
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