Rates dropping like a brick.

[andymajumder]

Given where US is the world economic scenario, the dollar should be lower in value…short term it does hurt developing countries (Brazil,India) but there is enough internal demand developing in these countries..hence they will not be as dependent on exports in future as they are now (not sure about China though). If you have access to these countries, i.e. if you are an immigrant from these developing countries or have relatives there try and invest there. May not be right time to get into Indian stocks which is up 150% since late 2008, but real estate in many big cities in India is still cheap, compared to where it will be in 10 yrs.
Cheaper dollar will help get USA out of its current mess, yes quality of life will gradually degrade for many and may have already sharply degraded for some (but that’s kind of unavoidable given where things stand and are headed).
Cheaper dollar will slow down outsourcing, will make US exports more competitive, reduce the value of our debt, probably create some manufacturing jobs, will increase the profits and hence share price of many US multinatinals who earn large part of their profits from outside US and also reduce the consumption of chinese imports – what’s not to like about any of these things.

[briansd1]

[quote=andymajumder]Given where US is the world economic scenario, the dollar should be lower in value…short term it does hurt developing countries (Brazil,India) but there is enough internal demand developing in these countries..hence they will not be as dependent on exports in future as they are now (not sure about China though). If you have access to these countries, i.e. if you are an immigrant from these developing countries or have relatives there try and invest there. May not be right time to get into Indian stocks which is up 150% since late 2008, but real estate in many big cities in India is still cheap, compared to where it will be in 10 yrs.
Cheaper dollar will help get USA out of its current mess, yes quality of life will gradually degrade for many and may have already sharply degraded for some (but that’s kind of unavoidable given where things stand and are headed).
Cheaper dollar will slow down outsourcing, will make US exports more competitive, reduce the value of our debt, probably create some manufacturing jobs, will increase the profits and hence share price of many US multinatinals who earn large part of their profits from outside US and also reduce the consumption of chinese imports – what’s not to like about any of these things.[/quote]

You are absolutely correct.

There’s a big psychological impact, however. The US (and American citizens) is no longer so rich relative to other countries. Americans will need to get used to being ordinary citizens of the world. Acceptance generally lags reality by years if not decades.

I think that globalization is great for Americans who have family ties, friends and contacts in the emerging markets. Borrow the cheap capital in America and invest in higher growth markets.

[briansd1]

[quote=andymajumder]Given where US is the world economic scenario, the dollar should be lower in value…short term it does hurt developing countries (Brazil,India) but there is enough internal demand developing in these countries..hence they will not be as dependent on exports in future as they are now (not sure about China though). If you have access to these countries, i.e. if you are an immigrant from these developing countries or have relatives there try and invest there. May not be right time to get into Indian stocks which is up 150% since late 2008, but real estate in many big cities in India is still cheap, compared to where it will be in 10 yrs.
Cheaper dollar will help get USA out of its current mess, yes quality of life will gradually degrade for many and may have already sharply degraded for some (but that’s kind of unavoidable given where things stand and are headed).
Cheaper dollar will slow down outsourcing, will make US exports more competitive, reduce the value of our debt, probably create some manufacturing jobs, will increase the profits and hence share price of many US multinatinals who earn large part of their profits from outside US and also reduce the consumption of chinese imports – what’s not to like about any of these things.[/quote]

You are absolutely correct.

There’s a big psychological impact, however. The US (and American citizens) is no longer so rich relative to other countries. Americans will need to get used to being ordinary citizens of the world. Acceptance generally lags reality by years if not decades.

I think that globalization is great for Americans who have family ties, friends and contacts in the emerging markets. Borrow the cheap capital in America and invest in higher growth markets.

[briansd1]

[quote=andymajumder]Given where US is the world economic scenario, the dollar should be lower in value…short term it does hurt developing countries (Brazil,India) but there is enough internal demand developing in these countries..hence they will not be as dependent on exports in future as they are now (not sure about China though). If you have access to these countries, i.e. if you are an immigrant from these developing countries or have relatives there try and invest there. May not be right time to get into Indian stocks which is up 150% since late 2008, but real estate in many big cities in India is still cheap, compared to where it will be in 10 yrs.
Cheaper dollar will help get USA out of its current mess, yes quality of life will gradually degrade for many and may have already sharply degraded for some (but that’s kind of unavoidable given where things stand and are headed).
Cheaper dollar will slow down outsourcing, will make US exports more competitive, reduce the value of our debt, probably create some manufacturing jobs, will increase the profits and hence share price of many US multinatinals who earn large part of their profits from outside US and also reduce the consumption of chinese imports – what’s not to like about any of these things.[/quote]

You are absolutely correct.

There’s a big psychological impact, however. The US (and American citizens) is no longer so rich relative to other countries. Americans will need to get used to being ordinary citizens of the world. Acceptance generally lags reality by years if not decades.

I think that globalization is great for Americans who have family ties, friends and contacts in the emerging markets. Borrow the cheap capital in America and invest in higher growth markets.

[briansd1]

[quote=andymajumder]Given where US is the world economic scenario, the dollar should be lower in value…short term it does hurt developing countries (Brazil,India) but there is enough internal demand developing in these countries..hence they will not be as dependent on exports in future as they are now (not sure about China though). If you have access to these countries, i.e. if you are an immigrant from these developing countries or have relatives there try and invest there. May not be right time to get into Indian stocks which is up 150% since late 2008, but real estate in many big cities in India is still cheap, compared to where it will be in 10 yrs.
Cheaper dollar will help get USA out of its current mess, yes quality of life will gradually degrade for many and may have already sharply degraded for some (but that’s kind of unavoidable given where things stand and are headed).
Cheaper dollar will slow down outsourcing, will make US exports more competitive, reduce the value of our debt, probably create some manufacturing jobs, will increase the profits and hence share price of many US multinatinals who earn large part of their profits from outside US and also reduce the consumption of chinese imports – what’s not to like about any of these things.[/quote]

You are absolutely correct.

There’s a big psychological impact, however. The US (and American citizens) is no longer so rich relative to other countries. Americans will need to get used to being ordinary citizens of the world. Acceptance generally lags reality by years if not decades.

I think that globalization is great for Americans who have family ties, friends and contacts in the emerging markets. Borrow the cheap capital in America and invest in higher growth markets.

[briansd1]

[quote=andymajumder]Given where US is the world economic scenario, the dollar should be lower in value…short term it does hurt developing countries (Brazil,India) but there is enough internal demand developing in these countries..hence they will not be as dependent on exports in future as they are now (not sure about China though). If you have access to these countries, i.e. if you are an immigrant from these developing countries or have relatives there try and invest there. May not be right time to get into Indian stocks which is up 150% since late 2008, but real estate in many big cities in India is still cheap, compared to where it will be in 10 yrs.
Cheaper dollar will help get USA out of its current mess, yes quality of life will gradually degrade for many and may have already sharply degraded for some (but that’s kind of unavoidable given where things stand and are headed).
Cheaper dollar will slow down outsourcing, will make US exports more competitive, reduce the value of our debt, probably create some manufacturing jobs, will increase the profits and hence share price of many US multinatinals who earn large part of their profits from outside US and also reduce the consumption of chinese imports – what’s not to like about any of these things.[/quote]

You are absolutely correct.

There’s a big psychological impact, however. The US (and American citizens) is no longer so rich relative to other countries. Americans will need to get used to being ordinary citizens of the world. Acceptance generally lags reality by years if not decades.

I think that globalization is great for Americans who have family ties, friends and contacts in the emerging markets. Borrow the cheap capital in America and invest in higher growth markets.

[briansd1]

Andy, the Fed is doing exactly what you detailed in your post above.

For Americans, additional Fed activity is likely to mean that already low 30-year mortgage rates would fall even further. The moves would not help many savers, however, as yields on certificates of deposit and savings bonds would probably fall as well. But the Fed hopes that making credit even cheaper will encourage businesses and consumers to borrow and spend, and that could eventually bring relief to jobless workers.

[briansd1]

Andy, the Fed is doing exactly what you detailed in your post above.

For Americans, additional Fed activity is likely to mean that already low 30-year mortgage rates would fall even further. The moves would not help many savers, however, as yields on certificates of deposit and savings bonds would probably fall as well. But the Fed hopes that making credit even cheaper will encourage businesses and consumers to borrow and spend, and that could eventually bring relief to jobless workers.

[briansd1]

Andy, the Fed is doing exactly what you detailed in your post above.

For Americans, additional Fed activity is likely to mean that already low 30-year mortgage rates would fall even further. The moves would not help many savers, however, as yields on certificates of deposit and savings bonds would probably fall as well. But the Fed hopes that making credit even cheaper will encourage businesses and consumers to borrow and spend, and that could eventually bring relief to jobless workers.

[briansd1]

Andy, the Fed is doing exactly what you detailed in your post above.

For Americans, additional Fed activity is likely to mean that already low 30-year mortgage rates would fall even further. The moves would not help many savers, however, as yields on certificates of deposit and savings bonds would probably fall as well. But the Fed hopes that making credit even cheaper will encourage businesses and consumers to borrow and spend, and that could eventually bring relief to jobless workers.

[briansd1]

Andy, the Fed is doing exactly what you detailed in your post above.

For Americans, additional Fed activity is likely to mean that already low 30-year mortgage rates would fall even further. The moves would not help many savers, however, as yields on certificates of deposit and savings bonds would probably fall as well. But the Fed hopes that making credit even cheaper will encourage businesses and consumers to borrow and spend, and that could eventually bring relief to jobless workers.

[moneymaker]

[quote=walterwhite]. “Rates shooting up like a rocket”, which is certainly out there, might be the better time to buy.[/quote]

This would definitely be true if you are a cash buyer. That is what the truly rich are waiting for. For the rest of us I’m afraid it’s probably the best of times to buy.

[moneymaker]

[quote=walterwhite]. “Rates shooting up like a rocket”, which is certainly out there, might be the better time to buy.[/quote]

This would definitely be true if you are a cash buyer. That is what the truly rich are waiting for. For the rest of us I’m afraid it’s probably the best of times to buy.

[moneymaker]

[quote=walterwhite]. “Rates shooting up like a rocket”, which is certainly out there, might be the better time to buy.[/quote]

This would definitely be true if you are a cash buyer. That is what the truly rich are waiting for. For the rest of us I’m afraid it’s probably the best of times to buy.

[moneymaker]

[quote=walterwhite]. “Rates shooting up like a rocket”, which is certainly out there, might be the better time to buy.[/quote]

This would definitely be true if you are a cash buyer. That is what the truly rich are waiting for. For the rest of us I’m afraid it’s probably the best of times to buy.

[Author]

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