http://rawfinanceblog.com/2008/11/25/another-800-billion-in-treasury-facilities-to-stem-crisis/ Common sense economic and financial industry analysis for everyone, from banking and investment professionals to individual investors. Thu, 29 Jul 2010 18:16:45 +0000 hourly 1 http://wordpress.com/ http://rawfinanceblog.com/2008/11/25/another-800-billion-in-treasury-facilities-to-stem-crisis/#comment-65 rawfinance Wed, 26 Nov 2008 13:34:58 +0000 http://rawfinance.wordpress.com/?p=304#comment-65 One effect of printing so many dollars to combat the economic crisis is a reduction in the value of the dollar. After dropping to all-time lows against other currencies earlier this year, the dollar has staged a dramatic rally over the past four months as other currencies have devalued as the rest of the world has initiated programs and policies to stave off economic disaster. However, that rally may be at an end as the U.S. increases the money supply and lowers interest rates, among other economic stimulus programs. To take advantage of a drop in the dollar, one may consider investing in an exchange-traded fund that seeks to profit from a decline in the dollar, PowerShares DB U.S. Dollar Bearish (stock symbol: UDN). [Full disclosure: While I do not personally have a position in UDN, I have purchased shares on behalf of a few of my clients] -Gregg Killoren One effect of printing so many dollars to combat the economic crisis is a reduction in the value of the dollar. After dropping to all-time lows against other currencies earlier this year, the dollar has staged a dramatic rally over the past four months as other currencies have devalued as the rest of the world has initiated programs and policies to stave off economic disaster. However, that rally may be at an end as the U.S. increases the money supply and lowers interest rates, among other economic stimulus programs. To take advantage of a drop in the dollar, one may consider investing in an exchange-traded fund that seeks to profit from a decline in the dollar, PowerShares DB U.S. Dollar Bearish (stock symbol: UDN).
[Full disclosure: While I do not personally have a position in UDN, I have purchased shares on behalf of a few of my clients]
-Gregg Killoren

]]> http://rawfinanceblog.com/2008/11/25/another-800-billion-in-treasury-facilities-to-stem-crisis/#comment-64 bydesign001 Wed, 26 Nov 2008 02:48:50 +0000 http://rawfinance.wordpress.com/?p=304#comment-64 I agree, recovery is a long way off. I remain far from optimistic because I feel that we are still sinking and have not hit rock bottom yet. And I suspect that most people are hoping recovery will be a year or two down the line, but I see it much much longer. We are just beginning, the road is long as it will be rough. I agree, recovery is a long way off. I remain far from optimistic because I feel that we are still sinking and have not hit rock bottom yet. And I suspect that most people are hoping recovery will be a year or two down the line, but I see it much much longer. We are just beginning, the road is long as it will be rough.

]]> http://rawfinanceblog.com/2008/11/25/another-800-billion-in-treasury-facilities-to-stem-crisis/#comment-63 Another $800 Billion in Treasury Facilities to Stem Crisis | forexintraday.com Wed, 26 Nov 2008 02:30:00 +0000 http://rawfinance.wordpress.com/?p=304#comment-63 [...] Read the original [...] [...] Read the original [...]

]]>