On Mar 9, 2011, at 8:46 AM, brad wrote:
> This is a perfect example of what I was mentioning a week or so ago.
> It shows how capital bears its teeth and tries to scare politicians
> (along with the general capital strike we've seen over the last few
> years). Wall Street is 'making the economy scream' by putting huge
> amounts of money into commodities, signaling to O and the Dems,
> appease us or the economy will go into a double dip and you will be
> replaced by those that will do our bidding.
Do you really think that a bunch of traders are thinking this politically? I really doubt they are. Their thinking goes like this: China's booming and the Fed's printing money like crazy. Inflation! Buy commodities!! There's nothing more complex behind it than that.
Doug