Thanks Tony. It's amazing. I don't completely understand it but we might as well take advantage of it next year.
Then again, they could be wrong.I guess we'll have to wait and see.
]http://news.yahoo.com/news?tmpl=story&u=/afp/20041212/bs_afp/yearusforexdollar_041212210202][/url]
I-Fund might gain a decent percentage.
Thanks Tony. It's amazing. I don't completely understand it but we might as well take advantage of it next year.
Then again, they could be wrong.I guess we'll have to wait and see.
Tom
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I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Hmmm, dollar devalues in 2006....
http://news.yahoo.com/s/afp/20051226/bs_afp/yearforexworld
_051226204621;_ylt=AvC2epeXrSgFgF3PD1yXE0umOrgF;
_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl
:dude:
The Technician (escapades at times as Carnac)
No more tightening + slowing US economy = problematic situation for the dollar. With that said, our interest rates are still favorable when compared to most of the world (particularly Europe and Japan), so the downside pressure might be limited.
Does this mean the I fund will dominate again? I don't know. If today's yield curve inversion wasn't just an anomoly and is really a signal of what's to come (recession), the possibility certainly exists that all the stock funds will take a hit next year.
Well I read that the European nations will be raising their rates....effectively eliminating any move the Feds have made here .....maybe its effect will be back to par between the Euro and dollar and if then ....we're back in the same boat as this past recent year of so....I fund rules at that point again ....is that right???
:dude:
The Technician (escapades at times as Carnac)
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