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Agreed on all of the above, but where are the Chinese and Oil exporters going to put all their loot - the stuff they used to put in dollars? What about smaller caps and those Euro companies with almost no direct US exposure?

"It's a mystery to me - the game commences, For the usual fee - plus expenses, Confidential information - it's in my diary..."
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Mar 26th, 2008 at 09:45:45 AM EST
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Small caps are not part of the headline indices.

In addition, if the financials do poorly it will strngle the credit for the real economy.

It'd be nice if the battle were only against the right wingers, not half of the left on top of that — François in Paris

by Migeru (migeru at eurotrib dot com) on Wed Mar 26th, 2008 at 09:52:06 AM EST
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